Alaska Statutes: AS 13.36.150. Trustee Leasing, Buying, or Selling to or from Itself or a Related Person.

Alaska Statutes. Title 13. Decedents' Estates, Guardianships, Transfers, and Trusts. Chapter 36. Trust Administration Section 150. Trustee Leasing, Buying, or Selling to or from Itself or a Related Person.

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AS 13.36.150. Trustee Leasing, Buying, or Selling to or from Itself or a Related Person.

A trustee, unless expressly authorized by the trust instrument, may not directly or indirectly lease, buy, or sell property for the trust from or to
        (1) itself or an affiliate;
        (2) a director, an officer, or an employee of the trustee or an affiliate; or
        (3) a relative, an employer, or a partner or other business associate.

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