Alaska Statutes.
Title 6. Banks and Financial Institutions
Chapter 35. Uniform Common Trust Fund Act
Section 20. Accounting to Court.
previous: Section 10. Common Trust Funds.
next: Section 30. Procedure For Accounting to Court.

AS 06.35.020. Accounting to Court.

Unless ordered by a court of competent jurisdiction, a bank or trust company operating a common trust fund is not required to render a court accounting with regard to the fund. A bank or trust company may, by application to the superior court, secure approval of an accounting it makes with regard to a common trust fund on the conditions the court establishes.

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