Alaska Statutes (Last Updated: January 11, 2017) |
Title 06. BANKS AND FINANCIAL INSTITUTIONS. |
Chapter 06.26. REVISED ALASKA TRUST COMPANY ACT. |
Article 06.26.01. GENERAL AUTHORITY. |
Section 06.26.030. Location of operation.
Latest version.
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(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.
Notes
History
(Sec. 2 ch 77 SLA 2002)