Alaska Statutes.
Title 6. Banks and Financial Institutions
Chapter 26. Revised Alaska Trust Company Act
Section 390. Fee Determination; Investment and Management Costs.
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AS 06.26.390. Fee Determination; Investment and Management Costs.

(a) A trust company shall deal at arm's length with a person when arranging the compensation to be paid by the person for the services of the trust company. Any compensation paid to the trust company must be a reasonable amount with respect to the services rendered.

(b) When investing and managing trust assets, a trust company may only incur costs that are appropriate and reasonable in relation to the assets, the purposes of the trust, and the skills of the trust company.

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