Alabama § 45-8A-22.130 - Insufficiency of Funds.
Full text of Alabama Code of Alabama § 45-8A-22.130 — Insufficiency of Funds., with citation guidance and answers to common questions.
§ 45-8A-22.130. Insufficiency of Funds.
If at any time there shall not be sufficient funds in the trust to pay each individual entitled to the benefits therefrom the full amount per month as herein provided, then an equal percentage of such monthly payment or payments shall be made to each individual until the trust shall be sufficient to warrant payment in full to each of the beneficiaries.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 45-8A-22.130
What does Code of Alabama § 45-8A-22.130 cover?
Section 45-8A-22.130 ("Insufficiency of Funds.") 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 § 45-8A-22.130?
A common citation format is "Code of Alabama § 45-8A-22.130" (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 § 45-8A-22.130 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.