GroundRules
AS 13.36.150: Trustee leasing, buying, or selling to or from itself or a related person.
Where this section sits in the code
- Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions.
- Chapter 36. Trust Administration.
- Article 3. Trustees.
A trustee, unless expressly authorized by the trust instrument, may not directly or indirectly lease, buy, or sell property for the trust from or to
(1) itself or an affiliate;
(2) a director, an officer, or an employee of the trustee or an affiliate; or
(3) a relative, an employer, or a partner or other business associate.
Collected 2026-09-02T06:16:54Z. Source file · JSON