GroundRules
AS 06.26.390: Fee determination; investment and management costs.
Where this section sits in the code
- Title 6. Banks and Financial Institutions.
- Chapter 26. Revised Alaska Trust Company Act.
- Article 6. Trust Assets.
(a) A trust company shall deal at arm's length with a person when arranging the compensation to be paid by the person for the services of the trust company. Any compensation paid to the trust company must be a reasonable amount with respect to the services rendered.
(b) When investing and managing trust assets, a trust company may only incur costs that are appropriate and reasonable in relation to the assets, the purposes of the trust, and the skills of the trust company.
Collected 2026-09-02T06:16:15Z. Source file · JSON