Alabama Statutes
§ 5-12A-13 — Administration, Etc., of Common Trust Funds Differing from Funds Permitted by This Chapter
Alabama·Title 5 Banks and Financial Institutions·Ch. 12A Administration, Etc., of Common Trust Funds
Nothing contained in this chapter shall prohibit a trust institution, when it acts in accordance with specific authority contained in the instrument or instruments under which the trust institution acts, from establishing, maintaining, administering and investing in, without regard to the requirements and limitations of this chapter, one or more common trust funds differing from the common trust funds expressly permitted by this chapter.
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Alabama § 5-12A-13 (Administration, Etc., of Common Trust Funds Differing from Funds Permitted by This Chapter) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Acts 1980, No. 80-658, §5-12-13.)