There is a newer version of the Alaska Statutes
1999 Alaska Statutes
Title 13 DECEDENTS' ESTATES, GUARDIANSHIPS, TRANSFERS, AND TRUSTS
Chapter 13.36. TRUST ADMINISTRATION
Sec. 13.36.150. Trustee buying from or selling to itself.
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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