Chapter 3a. Alabama Principal and Income Act
Article 1. Definitions and Fiduciary Duties
- Ala. Code § 19-3A-101 (1975) Short Title
- Ala. Code § 19-3A-102 (1975) Definitions
- Ala. Code § 19-3A-103 (1975) Fiduciary Duties; General Principles
- Ala. Code § 19-3A-104 (1975) Trustee's Power to Adjust
- Ala. Code § 19-3A-105 (1975) Express Unitrusts
- Ala. Code § 19-3A-106 (1975) Conversion to Unitrust
Article 2. Decedent's Estate Or Terminating Income Interest
Article 3. Apportionment At Beginning and End of Income Interest
Article 4. Allocation of Receipts During Administration
- Ala. Code § 19-3A-401 (1975) Character of Receipts
- Ala. Code § 19-3A-402 (1975) Distributions From Trust Or Decedent's Estate
- Ala. Code § 19-3A-403 (1975) Business and Other Activities Conducted By Fiduciary
- Ala. Code § 19-3A-404 (1975) Principal Receipts
- Ala. Code § 19-3A-405 (1975) Rental Property
- Ala. Code § 19-3A-406 (1975) Bonds and Other Obligations
- Ala. Code § 19-3A-407 (1975) Insurance Policies and Similar Contracts
- Ala. Code § 19-3A-408 (1975) Insubstantial Allocations Not Required
- Ala. Code § 19-3A-409 (1975) Deferred Compensation, Annuities, and Similar Payments
- Ala. Code § 19-3A-410 (1975) Liquidating Assets
- Ala. Code § 19-3A-411 (1975) Minerals, Water, and Other Natural Resources
- Ala. Code § 19-3A-412 (1975) Timber
- Ala. Code § 19-3A-413 (1975) Property Not Productive of Income
- Ala. Code § 19-3A-415 (1975) Asset-Backed Securities
- Ala. Code § 19-3A-414 (1975) Derivative Instruments and Options
Article 5. Allocation of Disbursements During Administration of Trust Or Decendent's Estate
- Ala. Code § 19-3A-501 (1975) Disbursements From Income
- Ala. Code § 19-3A-502 (1975) Disbursements From Principal
- Ala. Code § 19-3A-503 (1975) Transfers From Income to Principal For Depreciation
- Ala. Code § 19-3A-504 (1975) Transfers From Income to Reimburse Principal
- Ala. Code § 19-3A-505 (1975) Income Taxes
- Ala. Code § 19-3A-506 (1975) Adjustments Between Principal and Income Because of Taxes
Article 6. Miscellaneous Provisions
- Ala. Code § 19-3A-601 (1975) Uniformity of Application and Construction
- Ala. Code § 19-3A-602 (1975) Severability Clause
- Ala. Code § 19-3A-603 (1975) Effective Date
- Ala. Code § 19-3A-604 (1975) Application to Existing Trusts and Estates
- Ala. Code § 19-3A-605 (1975) Consent of Beneficiaries
- Ala. Code § 19-3A-606 (1975) Applicability to Tenant and Remainder Interests
- Ala. Code § 19-3A-607 (1975) Applicability of Section 19-3a-409
- Ala. Code § 19-3A-608 (1975) Application of Alabama Uniform Trust Code