Alabama § 10A-10-1.10 - Provisions on Investments and Use.
Full text of Alabama Code of Alabama § 10A-10-1.10 — Provisions on Investments and Use., with citation guidance and answers to common questions.
§ 10A-10-1.10. Provisions on Investments and Use.
(a) A real estate investment trust shall hold, either directly or through other entities, assets of such character, in such percentages, and for such uses as permitted by Sections 856 to 860, inclusive, of the Internal Revenue Code, as amended from time to time.
(b) Except as provided in subsection (a), the trustees shall have the powers as to the investment of the trust estate as may be set out in the declaration of trust without regard to the type of investments to which trustees generally are restricted.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 10A-10-1.10
What does Code of Alabama § 10A-10-1.10 cover?
Section 10A-10-1.10 ("Provisions on Investments and Use.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 10A-10-1.10?
A common citation format is "Code of Alabama § 10A-10-1.10" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 10A-10-1.10 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.