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AS 06.26.830

Requirement of notice

Known as the Revised Alaska Trust Company Act

The act spans §§ 6–6 (88 sections).

To establish a new trust office or acquire a trust office that is in existence at the time of acquisition in this state under AS 06.26.810 — 06.26.895, an interstate state trust company, interstate national trust company, or international trust company shall provide, or cause its home jurisdiction regulator to provide, written notice of the proposed transaction to the department on or after the date on which the trust company applies to its home jurisdiction regulator for approval to establish or acquire the trust office. The trust company shall file with the notice and maintain a copy of a resolution adopted by the board of the trust company authorizing the establishment or acquisition of the office and shall pay the filing fee established by the department by regulation.

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