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- Alaska Statutes.
- Title 13. Decedents' Estates, Guardianships, Transfers, and Trusts.
- Chapter 36. Trust Administration
- Section 192. Power of Settlor of Trust.
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Section 190. Personal Liability For Tort Committed By Trustee.
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Section 194. Power of Beneficiary of Trust.
AS 13.36.192. Power of Settlor of Trust.
(a) The settlor of a trust affected by AS 13.36.105
- 13.36.220 may, by provision in the instrument
creating the trust if the trust is created by a writing, by oral statement to the trustee at the time of the creation
of the trust if the trust is created orally, or by an amendment of the trust if the settlor reserved the power to amend
the trust,
(1) relieve the trustee from any or all of the duties, restrictions, and liabilities that would otherwise be imposed on
the trustee by AS 13.36.105 - 13.36.220;
(2) alter or deny to the trustee any or all of the privileges and powers conferred on the trustee by AS 13.36.105
- 13.36.220; or
(3) add duties, restrictions, liabilities, privileges, or powers, to those imposed or granted by AS 13.36.105
- 13.36.220.
(b) Notwithstanding (a) of this section, an act of the settlor may not relieve a trustee from the duties, restrictions,
and liabilities imposed on the trustee by AS 13.36.140
, 13.36.145, or 13.36.150.
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