Alabama Statutes
§ 34-13-265 — Endowment Care Fund
Alabama·Title 34 Professions and Businesses·Ch. 13 Funeral Services·Art. 5 Alabama Preneed Funeral and Cemetery Act of 2023·Div. 4 Cemetery Merchandise and Services Trust Fund
An endowment care fund and all payments or contributions to it are expressly permitted as and for charitable and eleemosynary purposes. No payment, gift, grant, bequest, or other contribution for endowment care is invalid by reason of any indefiniteness or uncertainty of the persons designated as beneficiaries in the instruments creating the fund, nor is the fund or any contributions to it invalid as violating any law against perpetuities, or the suspension of the power of alienation of title to property.
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Alabama § 34-13-265 (Endowment Care Fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Act 2002-74, p. 221, §1; Act 2023-94, §9.)
Nearby Sections
15
§ 34-1-1
Short Title§ 34-1-11
Annual Permits to Practice; Inactive Status; Continuing Education. (Amended by Act 2026-16)§ 34-1-17
Acts Not Prohibited§ 34-1-18
Injunctions Against Unlawful Acts§ 34-1-19
Misdemeanors; Penalties§ 34-1-20
Evidence of Unlawful Practice