Alaska § 13.36.125 - Creation of trust bank account to pay special debts.
Full text of Alaska Alaska Statutes § 13.36.125 — Creation of trust bank account to pay special debts., with citation guidance and answers to common questions.
§ 13.36.125. Creation of trust bank account to pay special debts.
Whenever a bank account is, by entries made on the books of the depositor and the bank at the time of the deposit, created exclusively for the purpose of paying dividends, interest, interest coupons, salaries, wages, or pensions or other employee benefits, and the depositor at the time of opening the account does not expressly declare otherwise, the depositor is considered a trustee of the account for the creditors to be paid from the account, subject to any power of revocation that the depositor may have reserved by agreement with the bank.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 13.36.125
What does Alaska Statutes § 13.36.125 cover?
Section 13.36.125 ("Creation of trust bank account to pay special debts.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 13.36.125?
A common citation format is "Alaska Statutes § 13.36.125" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 13.36.125 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.