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AS 13.70.065

Disclaimer of interest by trustee

Known as the Uniform Disclaimer of Property Interests Act

The act spans §§ 13–13 (18 sections).

If a trustee who has the power to disclaim under a court order or under the instrument creating the fiduciary relationship disclaims an interest in property that otherwise would have become trust property, the interest does not become trust property.

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