Alaska Statutes 06.45.210 – Minors or trusts
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Alaska Statutes 06.45.210
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
Shares of a credit union may be issued in the name of a minor or in trust, subject to conditions prescribed by the bylaws. When shares are issued in trust, the name of the beneficiary shall be disclosed to the credit union.