{"data":{"id":"us-ak/as-13.36.225","jurisdiction":"us-ak","citation":"AS 13.36.225","heading":"Prudent investor rule.","body":"(a) Except as otherwise provided in (b) of this section and AS 13.36.273, a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule set out in AS 13.36.230 — 13.36.290.\n(b) The prudent investor rule, a default rule, may be expanded, restricted, eliminated, or otherwise altered by the direction of the settlor to the provisions of a trust. A trustee is not liable to a beneficiary to the extent that the trustee acted in reasonable reliance on the provisions of the trust.","path":["Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions.","Chapter 36. Trust Administration.","Article 4. Alaska Uniform Prudent Investor Act."],"source_url":"https://www.akleg.gov/basis/statutes.asp#13.36.225","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:54Z","sha256":"2f6cde0ab49dd1c3b6e51666ca03eff03001ae83ff8a5b9de5193ad9bf215ea8","source_id":"us-ak","stale":false,"prev":"us-ak/as-13.36.220","next":"us-ak/as-13.36.230"},"notice":"GroundRules: Original legal text. Not legal advice."}