Alabama Code 19-3B-901. Prudent investor rule
Current as of: 2024 | Check for updates
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Terms Used In Alabama Code 19-3B-901
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Trustee: A person or institution holding and administering property in trust.