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Alaska · Through Alaska Statutes 2025 (34th Legislature, 2025-2026)

AS 06.26.540: Prohibition of certain action by officer or employee.

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Where this section sits in the code
  1. Title 6. Banks and Financial Institutions.
  2. Chapter 26. Revised Alaska Trust Company Act.
  3. Article 8. Governance.

Unless expressly authorized by a resolution of the board recorded in the minutes of the board, an officer or employee may not create or dispose of a trust company asset or create or incur a liability on behalf of the trust company.

Collected 2026-09-02T06:16:15Z. Source file · JSON

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