Alaska Stat. § 06.26.390

Current through Chapter 3 of the 2024 Legislative Session
Section 06.26.390 - Fee determination; investment and management costs
(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.

AS 06.26.390