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Alaska Statutes.
Title 6. Banks and Financial Institutions
Chapter 26. Revised Alaska Trust Company Act
Section 30. Location of Operation.
previous: Section 20. Exemptions.
next: Section 40. Name of Trust Company.

AS 06.26.030. Location of Operation.

(a) A trust company may act as a fiduciary in this state, another state, or a foreign country, subject to complying with applicable laws of the state or foreign country, at an office or branch established and maintained under this chapter.

(b) A trust company may conduct any activities at an office outside this state that are permissible for a trust company chartered by the host state, except to the extent those activities are expressly prohibited by the laws of this state or by a regulation or order of the department applicable to the trust company.

Article 02. NAME, POWERS, ORGANIZATION, AND CAPITALIZATION


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Last modified 9/3/2005