Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 5-24-2 - Scope of Chapter — Alabama Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alabama/
  4. Title 5 - Banks and Financial Institutions/
  5. Chapter 24 - Uniform Multiple-person Accounts Act/
  6. Article 1 - Definitions and General Provisions/
  7. Section 5-24-2 - Scope of Chapter
Alabama Legal Code

Section 5-24-2 - Scope of Chapter

Ask AI about this
This chapter does not apply to (1) an account established for a corporation, partnership, joint venture, other organization for a business purpose, an unincorporated association, or charitable or civic organization, (2) an account controlled by one or more persons as an agent or trustee for an organization described in subdivision (1), or (3) a fiduciary or trust account in which the relationship is established other than by the terms of the account.

Source: https://alison.legislature.state.al.us/code-of-alabama?section=5-24-2· Version 2026