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§ 13-36-110 — Alaska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alaska/
  4. Title 13 - Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions/
  5. Chapter 36 - Trust Administration/
  6. Article 3 - Trustees.sec. 13.36.070. General Duty Not Limited/
  7. § 13-36-110
Alaska Legal Code

§ 13-36-110

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A dissenting trustee who has joined another trustee in exercising a power is not liable to the beneficiaries or to others for the consequences of the exercise of the power if the dissenting trustee joins because of a requirement for unanimous trustee consent to the exercise of the power. The dissenting trustee's dissent must be presented in writing to a co-trustee and a legally competent beneficiary or, if the beneficiary is a minor or an incompetent person, the representative of the beneficiary. A trustee who is not authorized to exercise a power is not liable to the beneficiaries or to others for (1) the exercise by a co-trustee of the power; or (2) the failure to exercise that power.