Alaska Statutes 13.36.160 – Corporate trustee buying its own or an affiliate’s securities
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 13.36.160
- Trustee: A person or institution holding and administering property in trust.
A corporate trustee may not purchase for a trust shares of its own stock, or its bonds, or other securities, or the stock, bonds, or other securities of an affiliate.