If a beneficiary for whom a trust bank account is created under AS 13.36.125 does not present the beneficiary's claim to the bank for payment within one year after the claim is due, the depositor who created the trust may revoke the trust as to the beneficiary.
Section: Previous 13.36.100 13.36.105 13.36.107 13.36.109 13.36.110 13.36.120 13.36.125 13.36.130 13.36.135 13.36.140 13.36.145 13.36.150 13.36.153 13.36.155 13.36.157 NextLast modified: November 15, 2016