Alabama Code 10A-10-1.08. Removal of trustees
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Terms Used In Alabama Code 10A-10-1.08
- Trustee: A person or institution holding and administering property in trust.
Unless the declaration of trust provides otherwise, the shareholders of a real estate investment trust may remove any trustee with or without cause by the affirmative vote of a majority of all the votes entitled to be cast for the election of trustees.