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§ 13-36-240 — 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 4 - Alaska Uniform Prudent Investor Act.sec. 13.36.225. Prudent Investor Rule/
  7. § 13-36-240
Alaska Legal Code

§ 13-36-240

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Within a reasonable time after accepting a trusteeship or receiving trust assets, a trustee shall review the trust assets and make and implement decisions concerning the retention and disposition of assets in order to bring the trust portfolio into compliance with the purposes, terms, distribution requirements, and other circumstances of the trust and with the requirements of AS 13.36.225 - 13.36.290.