{"data":{"id":"us-ak/as-06.26.390","jurisdiction":"us-ak","citation":"AS 06.26.390","heading":"Fee determination; investment and management costs.","body":"(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.\n(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.","path":["Title 6. Banks and Financial Institutions.","Chapter 26. Revised Alaska Trust Company Act.","Article 6. Trust Assets."],"source_url":"https://www.akleg.gov/basis/statutes.asp#06.26.390","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:15Z","sha256":"169c2025f2037b103482243ebd2014db5de9681c9765f04bf937a69b50a59c19","source_id":"us-ak","stale":false,"prev":"us-ak/as-06.26.380","next":"us-ak/as-06.26.400"},"notice":"GroundRules: Original legal text. Not legal advice."}