Alaska Statutes.
Title 13. Decedents' Estates, Guardianships, Transfers, and Trusts.
Chapter 36. Trust Administration
Section 140. Loan of Trust Funds.
previous: Section 135. Holding Stock in Name of Nominee.
next: Section 145. Corporate Trustee Depositing Trust Funds With Itself.

AS 13.36.140. Loan of Trust Funds.

Except as provided in AS 13.36.145 , a corporate trustee may not lend trust funds to itself or an affiliate, or to a director, an officer, or an employee of itself or an affiliate, and a noncorporate trustee may not lend trust funds to itself or to a relative, an employer, an employee, or a partner or other business associate.

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