{"data":{"id":"us-ak/as-13.36.155","jurisdiction":"us-ak","citation":"AS 13.36.155","heading":"Permitted sales between trusts held by same corporate trustee.","body":"If the transaction is fair to both trusts and if the transaction is not prohibited by the instruments creating the trustee relationship, a corporate trustee may sell to itself as trustee of a trust the following held by the corporate trustee as trustee for another trust:\n(1) stocks, bonds, and other securities listed on a securities exchange supervised by the United States Securities and Exchange Commission; and\n(2) obligations of the United States treasury and obligations of United States government agencies.","path":["Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions.","Chapter 36. Trust Administration.","Article 3. Trustees."],"source_url":"https://www.akleg.gov/basis/statutes.asp#13.36.155","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:54Z","sha256":"a7b439632909edf3239b913e225f226facbd5f1853029dcc53d393445cc2ac2a","source_id":"us-ak","stale":false,"prev":"us-ak/as-13.36.153","next":"us-ak/as-13.36.157"},"notice":"GroundRules: Original legal text. Not legal advice."}