Alaska § 13.36.320 - Nonqualified persons serving as trustees.
Full text of Alaska Alaska Statutes § 13.36.320 — Nonqualified persons serving as trustees., with citation guidance and answers to common questions.
§ 13.36.320. Nonqualified persons serving as trustees.
(a) If at least one qualified person serves as trustee of a trust whose state jurisdiction provision is valid, effective, and conclusive under AS 13.36.035 (c), then the following persons also may serve as trustees even though they are not qualified persons: (1) individuals who do not reside in the state;
(2) trust companies that have their principal place of business outside the state and that are not organized under AS 06.26 ; and
(3) banks that have their principal place of business outside the state or that are not organized under AS 06.05 .
(b) Notwithstanding other provisions of law to the contrary, a trustee who is not a qualified person is not considered to be engaging in business in this state solely by reason of serving as trustee of a trust whose state jurisdiction provision is valid, effective, and conclusive under AS 13.36.035 (c).
Frequently Asked Questions About Alaska § 13.36.320
What does Alaska Statutes § 13.36.320 cover?
Section 13.36.320 ("Nonqualified persons serving as trustees.") 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 § 13.36.320?
A common citation format is "Alaska Statutes § 13.36.320" (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 § 13.36.320 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.