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Alaska Statutes.

Title 6. Banks and Financial Institutions

Chapter 26. Revised Alaska Trust Company Act

Chapter 26. Revised Alaska Trust Company Act

Section 10. Persons Authorized to Act as Fiduciaries.

Section 20. Exemptions.

Section 30. Location of Operation.

Section 40. Name of Trust Company.

Section 50. Powers of Trust Company.

Section 60. Organizers.

Section 70. Incorporation.

Section 80. Amendment of Articles or Bylaws.

Section 85. Certificate of Authority Required.

Section 90. Application For Certificate of Authority.

Section 100. Department Notices Regarding Application..

Section 110. Issuance of Certificate of Authority; Required Operation.

Section 120. Required Capital; Change in Outstanding Capital and Surplus.

Section 130. Capital Notes or Debentures..

Section 140. Cumulative Voting.

Section 150. Trust Company Home Office.

Section 160. Trust Company Branch Offices.

Section 170. Trust Company Representative Offices.

Section 180. Offices Outside the State.

Section 190. Hours of Operation.

Section 200. Private Trust Companies.

Section 210. Requirements to Apply For and Maintain Status as a Private Trust Company.

Section 220. Transfer of Control.

Section 230. Revocation of Exemption.

Section 240. Conversion to Trust Company.

Section 245. Trust Company Authority.

Section 250. Regulations On Investments.

Section 260. Pledge of Assets.

Section 370. Deposits of Trust Assets.

Section 380. Common Investment Funds.

Section 390. Fee Determination; Investment and Management Costs.

Section 400. Disclosure of Conflicts of Interest.

Section 410. Requirements For Handling Trust Assets.

Section 450. Acquisition of Control.

Section 460. Application For Acquisition of Control.

Section 470. Decision On Application For Acquisition of Control.

Section 480. Objection to Other Transfer.

Section 500. Voting Securities Held as Trust Assets.

Section 510. Board of Directors.

Section 520. Board Meetings and Review of Reports.

Section 530. Officers.

Section 540. Prohibition of Certain Action By Officer or Employee.

Section 550. Trust Committee.

Section 560. Prohibited Acts.

Section 570. Transactions With Management and Affiliates; Penalties.

Section 580. Trust Asset Transactions Involving Certain Securities, Assets, or Information.

Section 585. Policies and Procedures.

Section 590. Fiduciary Responsibility.

Section 600. Trust Account Record Keeping..

Section 610. Customer Records Confidential.

Section 620. Insurance; Bonds.

Section 630. Reports of Apparent Crime.

Section 650. General Provisions For Conversions, Mergers, and Consolidations.

Section 660. Merger or Consolidation.

Section 670. Rights of Dissenters.

Section 680. Authority to Purchase Assets of Another Trust Company.

Section 690. Authority to Act as Disbursing Agent.

Section 700. Liquidation of Selling Trust Company.

Section 710. Payment to Creditors.

Section 720. Sale of Assets.

Section 730. Voluntary Liquidation.

Section 740. Revocation.

Section 750. Authority to Take Possession.

Section 760. Department in Possession..

Section 770. Reorganization.

Section 780. Involuntary Liquidation Powers.

Section 790. Claims.

Section 800. Federal Deposit Insurance Corporation as Receiver or Liquidator.

Section 810. Fiduciary Operations at a Branch or Trust Office..

Section 820. Establishing or Acquiring a Trust Office.

Section 830. Requirement of Notice.

Section 840. Conditions For Approval.

Section 850. Representative Office Business; Registration.

Section 860. Additional Trust Offices.

Section 870. Examinations; Periodic Reports; Cooperative Agreements; Assessment of Fees.

Section 880. Enforcement.

Section 890. Notice of Subsequent Merger, Consolidation, or Closing.

Section 895. Definitions.

Section 900. Powers of Department.

Section 905. Cooperative Agreements.

Section 910. Appeals.

Section 920. Civil Enforcement.

Section 930. Trust Company Reports to the Department; Publication of Reports.

Section 940. Remedy of Person Damaged By Violation.

Section 950. Limitation On Powers.

Section 960. Application of Laws Relating to General Business Corporations.

Section 990. Definitions.

Section 995. Short Title.

Article 01. GENERAL AUTHORITY

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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