Ala. Code § 19-3D-5

Current through the 2024 Regular Session.

Section 19-3D-5 - Application; governing law

This chapter applies to a trust created before, on, or after January 1, 2019, which:

(1) has its principal place of administration in this state, including a trust whose principal place of administration has been changed to this state; or

(2) provides by its trust instrument that it is governed by the law of this state or is governed by the law of this state for the purpose of:

(A) administration, including administration of a trust whose governing law for purposes of administration has been changed to the law of this state;

(B) construction of terms of the trust; or

(C) determining the meaning or effect of terms of the trust.

Ala. Code § 19-3D-5 (1975)

Added by Act 2018-519,§ 5, eff. 1/1/2019.