Liability of Trust

Ala. Code § 10A-10-1.17 — under Title 10A.

Ala. Code § 10A-10-1.17

The liability of a real estate investment trust extends to as much of the trust estate, including the whole, as necessary to discharge the liability.

History: (Acts 1995, No. 95-628, p. 1317, §17; §10-13-17; amended and renumbered by Act 2009-513, p. 967, §308.)