Chapter 3A — Alabama Principal and Income Act.
- Section 19-3A-101 Short title.
- Section 19-3A-102 Definitions.
- Section 19-3A-103 Fiduciary duties; general principles.
- Section 19-3A-104 Trustee's power to adjust.
- Section 19-3A-201 Determination and distribution of net income.
- Section 19-3A-202 Distribution to residuary and remainder beneficiaries.
- Section 19-3A-301 When right to income begins and ends.
- Section 19-3A-302 Apportionment of receipts and disbursements upon decedent's death or when income interest begins.
- Section 19-3A-303 Apportionment when income interest ends.
- Section 19-3A-401 Character of receipts.
- Section 19-3A-402 Distributions from trust or decedent's estate.
- Section 19-3A-403 Business and other activities conducted by fiduciary.
- Section 19-3A-404 Principal receipts.
- Section 19-3A-405 Rental property.
- Section 19-3A-406 Bonds and other obligations.
- Section 19-3A-407 Insurance policies and similar contracts.
- Section 19-3A-408 Insubstantial allocations not required.
- Section 19-3A-409 Deferred compensation, annuities, and similar payments.
- Section 19-3A-410 Liquidating assets.
- Section 19-3A-411 Minerals, water, and other natural resources.
- Section 19-3A-412 Timber.
- Section 19-3A-413 Property not productive of income.
- Section 19-3A-415 Asset-backed securities.
- Section 19-3A-414 Derivative instruments and options.
- Section 19-3A-501 Disbursements from income.
- Section 19-3A-502 Disbursements from principal.
- Section 19-3A-503 Transfers from income to principal for depreciation.
- Section 19-3A-504 Transfers from income to reimburse principal.
- Section 19-3A-505 Income taxes.
- Section 19-3A-506 Adjustments between principal and income because of taxes.
- Section 19-3A-601 Uniformity of application and construction.
- Section 19-3A-602 Severability clause.
- Section 19-3A-603 Effective date.
- Section 19-3A-604 Application to existing trusts and estates.
- Section 19-3A-605 Consent of beneficiaries.
- Section 19-3A-606 Applicability to tenant and remainder interests.