Common use of PAYMENTS TO REPRESENTATIVE Clause in Contracts

PAYMENTS TO REPRESENTATIVE. The only distributions which may be made to a Representative are amounts to reimburse the Representative for his or her out-of-pocket expenses on behalf of the Beneficiary. 2 The Representative is also referred to as the “Co-Trustee” under Alabama law. See § 38- 9B-2(8), Ala. Code 1975.

PAYMENTS TO REPRESENTATIVE. The only distributions which may be made to a Representative are amounts to reimburse the Representative for his or her out-of-pocket expenses on behalf of the Beneficiary. 2 The Representative is also referred to as the “Co-Trustee” under Alabama law. See § 38- 38-9B-2(8), Ala. Code 1975.