2010 Alaska Statutes
Title 13. DECEDENTS' ESTATES, GUARDIANSHIPS, TRANSFERS, TRUSTS, AND HEALTH CARE DECISIONS
Chapter 13.36. TRUST ADMINISTRATION
Sec. 13.36.120. Voting of corporate stock owned by trustee.


AK Stat § 13.36.120 (through 26th Leg Sess 2010) What's This?

A trustee of a trust owning corporate stock is liable for a loss resulting to the beneficiaries from a failure to use reasonable care in deciding how to vote the stock and in voting the stock only if personally at fault.

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