Trust property is not subject to personal obligations of the trustee, even if the trustee becomes insolvent or bankrupt.
History: (Act 2006-216, p. 314, §1.)
Ala. Code § 19-3B-507 — under Title 19.
Ala. Code § 19-3B-507
Trust property is not subject to personal obligations of the trustee, even if the trustee becomes insolvent or bankrupt.
History: (Act 2006-216, p. 314, §1.)