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AS 06.26.810

Fiduciary operations at a branch or trust office

Known as the Revised Alaska Trust Company Act

The act spans §§ 6–6 (88 sections).

(a) An interstate state trust company, interstate national trust company, or international trust company may not act as a fiduciary in this state unless the trust company maintains a trust office in this state as permitted under AS 06.26.810 — 06.26.895.

(b) If an interstate state trust company, interstate national trust company, or international trust company establishes or acquires a trust office in this state under AS 06.26.810 — 06.26.895, the trust company may conduct at the trust office any activity that a trust company may conduct at a trust office under this chapter.

Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.