Alabama § 19-4A-4 Reasonable Rate of Return; Considerations

Alabama Statutes

§ 19-4A-4 — Reasonable Rate of Return; Considerations

Alabama § 19-4A-4

Title 19Fiduciaries and Trusts

Ch. 4AIdle Funds in Fiduciary Accounts

This text of Alabama § 19-4A-4 (Reasonable Rate of Return; Considerations) 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-4 (2026).

Text

In the absence of specific instructions in the governing document, the fiduciary shall select an investment vehicle for idle funds in each fiduciary account which should provide a reasonable rate of return, taking into consideration the income needs of the current income beneficiary, the quality of the investment, the liquidity needs of the fiduciary account and the expense of making the funds productive of income.

Free access — add to your briefcase to read the full text and ask questions with AI

In the absence of specific instructions in the governing document, the fiduciary shall select an investment vehicle for idle funds in each fiduciary account which should provide a reasonable rate of return, taking into consideration the income needs of the current income beneficiary, the quality of the investment, the liquidity needs of the fiduciary account and the expense of making the funds productive of income.