{"data":{"id":"us-al/ala.-code-19-3b-901","jurisdiction":"us-al","citation":"Ala. Code § 19-3B-901","heading":"Prudent Investor Rule.","body":"(a) Except as otherwise provided in subsection (b), a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule set forth in this article.\n(b) The prudent investor rule, a default rule, may be expanded, restricted, eliminated, or otherwise altered by the terms of a trust. A trustee is not liable to a beneficiary to the extent that the trustee acted in reasonable reliance on the terms of the trust.","path":["Title 19 Fiduciaries and Trusts.","Chapter 3B Alabama Uniform Trust Code."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=19-3B-901","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"8ce12df3b72c036ad0c946cf7fcf480f12d1f509640c8338b30542ca35531612","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-19-3b-818","next":"us-al/ala.-code-19-3b-902"},"notice":"GroundRules: Original legal text. Not legal advice."}