Code of Alabama |
Match Context and Document information |
URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/19-1-2.htm |
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Depth: | 0 singles |
Size: | 1,293 bytes |
Modified: | 2005-04-29 12:55:34 |
Categories: | -None- |
Title: | 19-1-2 |
Description: | -None- |
Keywords: | -None- |
Meta data: | -None- |
Body: | Section 19-1-2 Definitions. In this chapter, unless the context or subject matter otherwise requires, the following terms shall have the meanings respectively ascribed to them by this section: (1) BANK. Any person or association of persons, whether incorporated or not, carrying on the business of banking or trust company. (2) FIDUCIARY. A trustee under any trust, expressed, implied, resulting or constructive, executor, administrator, guardian, conservator, curator, receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer of a corporation, public or private, public officer or any other person acting in a fiduciary capacity for any person, trust or estate. (3) PERSON. Such term includes a corporation, partnership, or other association, or two or more persons having a joint or common interest. (4) PRINCIPAL. Any person to whom a fiduciary as such owes an obligation. (Acts 1943, No. 557, p. 544, ยง1.) |