Alaska Statutes 13.36.198 – Consequences of violations
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 13.36.198
- 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
- Trustee: A person or institution holding and administering property in trust.
If a trustee violates a provision of Alaska Stat. § 13.36.105 – 13.36.220, the trustee may be removed as trustee under Alaska Stat. § 13.36.076 and denied compensation in whole or in part, and a beneficiary, co-trustee, or successor trustee may treat the violation as a breach of trust.