Alabama Statutes

§ 19-4A-2 — Investment in Accordance with Terms of Governing Document

Alabama § 19-4A-2
JurisdictionAlabama
Title 19Fiduciaries and Trusts
Ch. 4AIdle Funds in Fiduciary Accounts

This text of Alabama § 19-4A-2 (Investment in Accordance with Terms of Governing Document) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ala. Code § 19-4A-2 (2026).

Text

A bank or trust company duly authorized to exercise fiduciary powers through the operation of a trust department shall invest idle funds in each fiduciary account in accordance with the specific terms of the governing document.

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Legislative History

(Acts 1991, No. 91-129, p. 163, §1(b).)

Nearby Sections

15
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Bluebook (online)
Alabama § 19-4A-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/19-4A-2.