Section 06.35.020. Accounting to court.

Latest version.

Unless ordered by a court of competent jurisdiction, a bank or trust company operating a common trust fund is not required to render a court accounting with regard to the fund. A bank or trust company may, by application to the superior court, secure approval of an accounting it makes with regard to a common trust fund on the conditions the court establishes.

Authorities

6.35.030

Notes

References

AS 6.35.030 .030">Sec. 06.35.030. Procedure for accounting to court.

History

(Sec. 1 ch 14 SLA 1964)

                    
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