Alaska Statutes
Article 3. Trustees.
Sec. 13.36.107. General powers.

(a) Without authorization by a court, a trustee may exercise the powers conferred by the terms of the trust and, except as limited by the terms of the trust, the powers conferred by this chapter.
(b) This chapter does not affect the power of a court to
(1) relieve a trustee from provisions contained in the terms of the trust that restrict the exercise of powers;
(2) confer on a trustee additional powers, whether or not the powers are authorized by the terms of the trust; or
(3) restrict the exercise of a power otherwise given to the trustee by the terms of the trust or this chapter.
(c) The grant of a power to a trustee, whether under the terms of the trust, this chapter, or a court, does not alone govern the exercise of the power.

Structure Alaska Statutes

Alaska Statutes

Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions

Chapter 36. Trust Administration

Article 3. Trustees.

Sec. 13.36.070. General duty not limited.

Sec. 13.36.071. Accepting or rejecting trusteeship.

Sec. 13.36.072. Co-trustees.

Sec. 13.36.073. Vacancy in trusteeship; appointment of successor.

Sec. 13.36.074. Resignation of trustee.

Sec. 13.36.076. Removal of trustee.

Sec. 13.36.077. Delivery of property by former trustee.

Sec. 13.36.078. Reimbursement of expenses.

Sec. 13.36.079. Certification of trust; penalty.

Sec. 13.36.080. Duty to inform and account to beneficiaries.

Sec. 13.36.085. Bonding.

Sec. 13.36.090. Trustee's duty; appropriate place of administration; deviation.

Sec. 13.36.095. Personal liability of trustee to third parties.

Sec. 13.36.100. Limitations on proceedings against trustees.

Sec. 13.36.105. Powers attached to the office of trustee.

Sec. 13.36.107. General powers.

Sec. 13.36.109. Specific powers of trustees.

Sec. 13.36.110. Liability of trustee relating to exercise of power.

Sec. 13.36.120. Voting of corporate stock owned by trustee.

Sec. 13.36.125. Creation of trust bank account to pay special debts.

Sec. 13.36.130. Failure of beneficiary to present claim for payment.

Sec. 13.36.135. Holding stock in name of nominee.

Sec. 13.36.140. Loan of trust funds.

Sec. 13.36.145. Corporate trustee depositing trust funds with itself.

Sec. 13.36.150. Trustee leasing, buying, or selling to or from itself or a related person.

Sec. 13.36.153. Restrictions on exercising certain trustee powers.

Sec. 13.36.155. Permitted sales between trusts held by same corporate trustee.

Sec. 13.36.157. Exercise of power of appointment.

Sec. 13.36.158. Additional provisions relating to exercise of a power of appointment.

Sec. 13.36.159. Implementation of power of appointment.

Sec. 13.36.160. Corporate trustee buying its own or an affiliate's securities.

Sec. 13.36.165. Withdrawals from mingled trust funds.

Sec. 13.36.169. Elections to qualify property for marital deduction and generation-skipping transfer tax allocations.

Sec. 13.36.170. Unenforceable oral trust created by deed.

Sec. 13.36.175. Action on contract against trustee in representative capacity.

Sec. 13.36.180. Exoneration or reimbursement for tort.

Sec. 13.36.185. Tort liability of trust.

Sec. 13.36.190. Personal liability for tort committed by trustee.

Sec. 13.36.192. Power of settlor of trust.

Sec. 13.36.194. Power of beneficiary of trust.

Sec. 13.36.196. Relieving trustee of duties, restrictions, and liability; power of the court.

Sec. 13.36.198. Consequences of violations.

Sec. 13.36.215. Definitions.

Sec. 13.36.220. Short title.