Alabama Statutes

§ 19-3D-9 — Court Involvement

Alabama·Title 19 Fiduciaries and Trusts·Ch. 3D Alabama Uniform Trust Decanting Act
(a)On application of an authorized fiduciary, a person entitled to notice under Section 19-3D-7(c), a beneficiary, or with respect to a charitable interest that is not entirely held by or for the benefit of one or more identified and existing charitable organizations, the Attorney General or other person that has standing to enforce the charitable interest, the court may:
(1)provide instructions to the authorized fiduciary regarding whether a proposed exercise of the decanting power is permitted under this chapter and consistent with the fiduciary duties of the authorized fiduciary;
(2)appoint a special fiduciary and authorize the special fiduciary to determine whether the decanting power should be exercised under this chapter and to exercise the decanting power;
(3)approve an exercise

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Legislative History

(Act 2018-519, §9; Act 2021-143, §1.)

Nearby Sections

15
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