Alaska Statutes Sec. 13.36.150 - Trustee Leasing, Buying, or Selling to or From Itself or a Related Person

A trustee, unless expressly authorized by the trust instrument, may not directly or indirectly lease, buy, or sell property for the trust from or to

(1) itself or an affiliate;

(2) a director, an officer, or an employee of the trustee or an affiliate; or

(3) a relative, an employer, or a partner or other business associate.

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Last modified: November 15, 2016