If a trust has two or more beneficiaries, the trustee shall act impartially in investing and managing the trust assets, taking into account any differing interests 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.