Alaska Statutes.
Title 6. Banks and Financial Institutions
Chapter 65. Alaska Savings Program for Eligible Individuals
Section 120. Program Account Ownership.
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AS 06.65.120. Program Account Ownership.

(a) The owner of a program account is the designated beneficiary of the program account.

(b) If a representative of an eligible individual establishes a program account for an eligible individual, the representative is not an owner of the program account and does not have or acquire an interest in the assets of the program account.

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