{"data":{"id":"us-ak/as-06.15.100","jurisdiction":"us-ak","citation":"AS 06.15.100","heading":"Prohibited conduct of trustees.","body":"A trustee may not\n(1) receive remuneration as trustee except reasonable fees for attendance at meetings of trustees or for services as a member of a committee of trustees;\n(2) use the position as trustee, or knowingly allow it to be used, to obtain preferential terms in dealings with the mutual bank for which the person is trustee;\n(3) use the position as trustee, or knowingly allow it to be used, to induce an actual or prospective borrower from the mutual bank for which the person is trustee to purchase goods or services at a direct or indirect profit to the trustee.","path":["Title 6. Banks and Financial Institutions.","Chapter 15. Mutual Savings Bank Act."],"source_url":"https://www.akleg.gov/basis/statutes.asp#06.15.100","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:15Z","sha256":"96a479cddf09e5f83d14ad81d69270ff8a3135c1334a0500cc8683f926e4575f","source_id":"us-ak","stale":false,"prev":"us-ak/as-06.15.090","next":"us-ak/as-06.15.105"},"notice":"GroundRules: Original legal text. Not legal advice."}
