(a) A trust company and an interstate state trust company or an international trust company maintaining a trust office under Alaska Stat. § 06.26.810 – 06.26.895 may close on the legal holidays described in Alaska Stat. § 44.12.010 – 44.12.025. A notice of holiday closings shall be made available to the trust company’s customers by mail, by the Internet, or by other means.
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Terms Used In Alaska Statutes 06.26.190

  • certificate of authority: means the certificate of authority issued to a corporation under Alaska Stat. See Alaska Statutes 06.26.990
  • chapter: includes regulations adopted under this chapter. See Alaska Statutes 06.26.990
  • department: means the Department of Commerce, Community, and Economic Development. See Alaska Statutes 06.26.990
  • international trust company: means an organization that provides fiduciary services and has offices in countries other than the country in which the home office of the entity is located. See Alaska Statutes 06.26.990
  • interstate state trust company: means an organization that
    (A) provides fiduciary services. See Alaska Statutes 06.26.990
  • state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
  • trust company: means a person who is organized under this chapter to act as a fiduciary and to provide fiduciary services to the general public. See Alaska Statutes 06.26.990
  • trust office: means an office that provides fiduciary services. See Alaska Statutes 06.26.990
(b) A trust company and an interstate state trust company or international trust company maintaining a trust office under Alaska Stat. § 06.26.810 – 06.26.895 may close on any business day if the trust company

(1) notifies the department in advance of the closure; and
(2) makes a closure notice available to its customers by mail, by the Internet, or by other means.
(c) The hours of operation, and any changes in the hours of operation, of a trust company and an interstate state trust company or international trust company maintaining a trust office under Alaska Stat. § 06.26.810 – 06.26.895 must be submitted to the department and must be made available to the trust company’s customers by mail, by the Internet, or by other means.
(d) Notwithstanding this section, the hours of operation of a trust company with a certificate of authority issued under Alaska Stat. Chapter 06.05 are subject to Alaska Stat. § 06.05.166.
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