Trustee leasing, buying, or selling to or from itself or a related person.

  1. Law
  2. Alaska Statutes
  3. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions
  4. Trust Administration
  5. Trustees.
  6. Trustee leasing, buying, or selling to or from itself or a related person.

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A trustee, unless expressly authorized by the trust instrument, may not directly or indirectly lease, buy, or sell property for the trust from or to

(1) itself or an affiliate;

(2) a director, an officer, or an employee of the trustee or an affiliate; or

(3) a relative, an employer, or a partner or other business associate.


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