Alabama Statutes
§ 5-12A-10 — Quarterly Valuation of Securities in Fund
Alabama § 5-12A-10
JurisdictionAlabama
Title 5Banks and Financial Institutions
Ch. 12AAdministration, Etc., of Common Trust Funds
This text of Alabama § 5-12A-10 (Quarterly Valuation of Securities in Fund) 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 § 5-12A-10 (2026).
Text
No less frequently than once during each period of three months, the trust institution administering a common trust fund shall determine the value of the securities in the common trust fund as of the dates set for the valuation thereof. No participation shall be admitted to or withdrawn from the common trust fund, except (i) on the basis of such valuation and (ii) as of such valuation date.
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Legislative History
(Acts 1980, No. 80-658, §5-12-10.)
Nearby Sections
15
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Bluebook (online)
Alabama § 5-12A-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/5-12A-10.