Section 10-13-8 Removal of trustees. - Alabama Statutes

Section 10-13-8

Removal of trustees.

Unless the declaration of trust provides otherwise, the shareholders of a real estate investment trust may remove any trustee with or without cause by the affirmative vote of a majority of all the votes entitled to be cast for the election of trustees.

(Acts 1995, No. 95-628, p. 1317, §8.)