Alaska Statutes.
Title 13. Decedents' Estates, Guardianships, Transfers, and Trusts.
Chapter 36. Trust Administration
Section 150. Trustee Buying From or Selling to Itself.
previous: Section 145. Corporate Trustee Depositing Trust Funds With Itself.
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AS 13.36.150. Trustee Buying From or Selling to Itself.

A trustee, unless expressly authorized by the trust instrument, may not directly or indirectly lease, buy, or sell property for the trust from or to

(1) itself or an affiliate;

(2) a director, an officer, or an employee of the trustee or an affiliate; or

(3) a relative, an employer, or a partner or other business associate.

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