Alaska Statutes 37.23.060 – Investment responsibilities
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 37.23.060
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
The management and investment of assets by investment pools shall be done with the care, skill, prudence, and diligence under the circumstances then prevailing that an institutional investor would use in the conduct of an enterprise of a like character and with like aims.