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Alaska Statutes.
Title 6. Banks and Financial Institutions
Chapter 26. Revised Alaska Trust Company Act
Section 585. Policies and Procedures.
previous: Section 580. Trust Asset Transactions Involving Certain Securities, Assets, or Information.
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AS 06.26.585. Policies and Procedures.

A trust company shall adopt written policies and procedures regarding decisions or recommendations to purchase or sell a security that is a trust asset to facilitate compliance with federal and state securities laws. These policies and procedures must include the prohibition in AS 06.26.580(b).

Note to HTML Version:

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Last modified 9/3/2005