A trustee shall invest and manage the trust assets solely in the interest of the beneficiaries.
Structure Alaska Statutes
Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions
Chapter 36. Trust Administration
Article 4. Alaska Uniform Prudent Investor Act.
Sec. 13.36.225. Prudent investor rule.
Sec. 13.36.230. Standard of care; portfolio strategy; risk and return objectives.
Sec. 13.36.235. Diversification.
Sec. 13.36.240. Duties at inception of trusteeship.
Sec. 13.36.260. Investment costs.
Sec. 13.36.265. Reviewing compliance.
Sec. 13.36.270. Delegation of investment and management functions.
Sec. 13.36.273. Trustee duties relating to insurance.
Sec. 13.36.275. Language invoking standard of AS 13.36.225 - 13.36.290.