Alaska Statutes (Last Updated: January 11, 2017) |
Title 06. BANKS AND FINANCIAL INSTITUTIONS. |
Chapter 06.26. REVISED ALASKA TRUST COMPANY ACT. |
Article 06.26.08. GOVERNANCE. |
Section 06.26.585. Policies and procedures.
Latest version.
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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).
Notes
History
(Sec. 2 ch 77 SLA 2002)