Alaska Stat. § 06.26.390

Fee determination; investment and management costs.

Last amended: 2002Year: 2026Length: 83 wordsSubsections: 2Official source
(a) A trust company shall deal at arm's length with a person when arranging the compensation to be paid by the person for the services of the trust company. Any compensation paid to the trust company must be a reasonable amount with respect to the services rendered. (b) When investing and managing trust assets, a trust company may only incur costs that are appropriate and reasonable in relation to the assets, the purposes of the trust, and the skills of the trust company.
Alaska Stat. § 06.26.390: Fee determination; investment and management costs. | Justis AI