You can also go to The Alaska Legal Resource Center or search the entire website.
Touch N' GoŽ, the DeskTop In-and-Out Board makes your office run smoother. Visit
Touch N' Go's Website to see how.
|
|
- Alaska Statutes.
- Title 13. Estates, Guardianships, Transfers, Trusts.
- Chapter 36. Trust Administration
- Section 185. Tort Liability of Trust.
previous: Section 180. Exoneration or Reimbursement For Tort.
next: Section 190. Personal Liability For Tort Committed By Trustee.
AS 13.36.185. Tort Liability of Trust.
- (a) If a trustee or a predecessor of the trustee incurs personal liability for a tort committed in the course of the
trustee's administration, the trustee in the trustee's representative capacity may be sued and collection made from the
trust property if the court determines in the tort action that
- (1) the trustee or the trustee's predecessor, or an officer or employee of the trustee or the trustee's predecessor, was
not guilty of personal fault in incurring the liability; or
- (2) although the tort does not fall under (1) of this subsection, the tort increased the value of the trust property.
- (b) If the tort is within (a)(1) of this section, the full amount of proven damages may be collected from the trust
property.
- (c) If the tort is within (a)(2) of this section, collection may not be made from the trust property except to the extent
of the increase in the value of the trust property.
- (d) A beneficiary may intervene in an action under this section and contest the right of the plaintiff to recover.
- (e) In an action against the trustee in the trustee's representative capacity under this section, the plaintiff is not
required to prove that the trustee could have secured reimbursement from the trust fund if the trustee paid the
plaintiff's claim.
- (f) A judgment may not be rendered in favor of the plaintiff in an action under this section unless the trustee proves
that within 30 days after the beginning of the action, or within another period set by the court and more than 30 days
before obtaining the judgment, the trustee notifies each of the beneficiaries who is known to the trustee who then has
a present interest in the existence and nature of the action. The notice shall be given by mailing copies of the notice
with postage prepaid to the beneficiaries at their last known addresses. The trustee shall furnish the plaintiff with a
list of names and address of the beneficiaries within 10 days after the plaintiff makes a written demand for the list.
Notification of the persons on the list constitutes compliance with the duty placed on the plaintiff by this
subsection.
- (g) Nothing in this section may be construed to change the existing law with regard to the liability of trustees of
charitable trusts for torts of the trustees or their employees.
Note to HTML Version:
This version of the Alaska Statutes is current through December, 2004. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort
has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature
If any errors are found, please e-mail Touch N' Go systems at E-mail. We
hope you find this information useful.
Last modified 9/3/2005