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Alaska Statutes.
Title 13. Estates, Guardianships, Transfers, Trusts.
Chapter 16. Probate of Wills and Administration
Section 395. Improper Exercise of Power; Breach of Fiduciary Duty.
previous: Section 390. Powers of Personal Representatives; in General.
next: Section 400. Sale, Encumbrance, or Transaction Involving Conflict of Interest Voidable; Exceptions.

AS 13.16.395. Improper Exercise of Power; Breach of Fiduciary Duty.

If the exercise of power concerning the estate is improper, the personal representative is liable to interested persons for damage or loss resulting from breach of fiduciary duty to the same extent as a trustee of an express trust. The rights of purchasers and others dealing with a personal representative shall be determined as provided in AS 13.16.400 and 13.16.405.

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