Alaska Statutes (Last Updated: January 11, 2017) |
Title 34. PROPERTY. |
Chapter 34.40. FRAUDULENT TRANSFERS, REVOCATIONS, AND TRUSTS. |
Section 34.40.118. Transfers of individual retirement accounts.
Latest version.
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(a) Notwithstanding a provision in AS 09.38.017(d), AS 34.40.110, or another law to the contrary, a person may voluntarily transfer or assign the person's interest in an individual retirement account if the person
(1) is the owner of or a participant in the individual retirement account; or
(2) acquired the interest as a result of the death of another individual.
(b) In this section, "individual retirement account" means an individual retirement account established under 26 U.S.C. 408 or a Roth IRA established under 26 U.S.C. 408A.
Authorities
9.38.017
Notes
References
AS 9.38.017 .017">Sec. 09.38.017. Exemption of retirement plan interests and payments.
History
(Sec. 40 ch 45 SLA 2013)