{"data":{"id":"us-ak/as-13.36.320","jurisdiction":"us-ak","citation":"AS 13.36.320","heading":"Nonqualified persons serving as trustees.","body":"(a) If at least one qualified person serves as trustee of a trust whose state jurisdiction provision is valid, effective, and conclusive under AS 13.36.035(c), then the following persons also may serve as trustees even though they are not qualified persons:\n(1) individuals who do not reside in the state;\n(2) trust companies that have their principal place of business outside the state and that are not organized under AS 06.26; and\n(3) banks that have their principal place of business outside the state or that are not organized under AS 06.05.\n(b) Notwithstanding other provisions of law to the contrary, a trustee who is not a qualified person is not considered to be engaging in business in this state solely by reason of serving as trustee of a trust whose state jurisdiction provision is valid, effective, and conclusive under AS 13.36.035(c).","path":["Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions.","Chapter 36. Trust Administration.","Article 5. Miscellaneous Provisions."],"source_url":"https://www.akleg.gov/basis/statutes.asp#13.36.320","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:54Z","sha256":"c04230818cfdda1fbcec5a023b24f9856f7529f406dcfc48c00fba593da0abc8","source_id":"us-ak","stale":false,"prev":"us-ak/as-13.36.310","next":"us-ak/as-13.36.330"},"notice":"GroundRules: Original legal text. Not legal advice."}