{"data":{"id":"us-al/ala.-code-19-4a-5","jurisdiction":"us-al","citation":"Ala. Code § 19-4A-5","heading":"Investment in Timely Manner; No Obligation to Invest Funds Less Than $1,000.","body":"In the absence of specific instructions in the governing document, the fiduciary shall invest idle funds in each fiduciary account in a timely manner consistent with the technology employed by the fiduciary but not to exceed 10 business days after the receipt of collected funds; provided, however, that there shall be no obligation or requirement to invest idle funds in an amount less than $1,000.00 per each fiduciary account.","path":["Title 19 Fiduciaries and Trusts.","Chapter 4A Idle Funds in Fiduciary Accounts."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=19-4A-5","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"7ed54e27dc07ab47b96ee14e3f3c91620da31b43efccd42f44cf0c8d45b1a629","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-19-4a-4","next":"us-al/ala.-code-19-4a-6"},"notice":"GroundRules: Original legal text. Not legal advice."}
