GroundRules
← Search the law
Alaska · Through Alaska Statutes 2025 (34th Legislature, 2025-2026)

AS 13.36.125: Creation of trust bank account to pay special debts.

Read at publisher ↗
Where this section sits in the code
  1. Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions.
  2. Chapter 36. Trust Administration.
  3. Article 3. Trustees.

Whenever a bank account is, by entries made on the books of the depositor and the bank at the time of the deposit, created exclusively for the purpose of paying dividends, interest, interest coupons, salaries, wages, or pensions or other employee benefits, and the depositor at the time of opening the account does not expressly declare otherwise, the depositor is considered a trustee of the account for the creditors to be paid from the account, subject to any power of revocation that the depositor may have reserved by agreement with the bank.

Collected 2026-09-02T06:16:54Z. Source file · JSON

Browse this collection