{"data":{"id":"us-al/ala.-code-10a-10-1.24","jurisdiction":"us-al","citation":"Ala. Code § 10A-10-1.24","heading":"Treatment of Distribution.","body":"Distributions made from ordinary income by a real estate investment trust are income. All other distributions made by the trust, including distributions from capital gains, depreciation, or depletion, whether in the form of cash or an option to take new stock or cash or an option to purchase additional shares, are principal.","path":["Title 10A Alabama Business and Nonprofit Entities Code.","Chapter 10 Real Estate Investment Trusts."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=10A-10-1.24","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:53Z","sha256":"f6d5acad10b3f7ff02b2e8f86adbce0e3125158b81132a5d08ddf3992275d710","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-10a-10-1.23","next":"us-al/ala.-code-10a-11-1.01"},"notice":"GroundRules: Original legal text. Not legal advice."}