| Code of Alabama |
| Match Context and Document information |
| URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/19-4A-1.htm |
|---|---|
| Depth: | 0 singles |
| Size: | 695 bytes |
| Modified: | 1998-01-28 20:43:20 |
| Categories: | -None- |
| Title: | 19-4A-1 |
| Description: | -None- |
| Keywords: | -None- |
| Meta data: | -None- |
| Body: | Section 19-4A-1 Idle funds defined. Idle funds are defined as collected income and principal cash balances received by a fiduciary and held awaiting investment in or distribution from a fiduciary account. As used in this chapter, the term "fiduciary account" shall mean any account for which the bank or trust company has investment responsibility. (Acts 1991, No. 91-129, p. 163, ยง1(a).) |