Sec. 13.26.640. Relationship to other laws.
(a) Except as provided in (c) of this section, AS 13.26.600 – 13.26.695 do not supersede any other law applicable to a financial institution or other entity, and the other law controls if inconsistent with AS 13.26.600 – 13.26.695. (b) The remedies in AS 13.26.600 – 13.26.695 are not exclusive and do not abrogate any […]
Sec. 13.26.645. Statutory form power of attorney.
A person who wishes to designate another as agent by a power of attorney may execute a statutory power of attorney set out in substantially the following form: GENERAL POWER OF ATTORNEYTHE POWERS GRANTED FROM THE PRINCIPAL TO THE AGENT OR AGENTS IN THE FOLLOWING DOCUMENT ARE VERY BROAD. THEY MAY INCLUDE THE POWER TO […]
Sec. 13.26.650. Additional optional provisions to statutory form power of attorney.
Each of the following provisions may be included in a statutory form power of attorney: (1) YOU MAY DESIGNATE AN ALTERNATE AGENT. ANY ALTERNATE YOU DESIGNATE WILL BE ABLE TO EXERCISE THE SAME POWERS AS THE AGENT(S) YOU NAMED AT THE BEGINNING OF THIS DOCUMENT. IF YOU WISH TO DESIGNATE AN ALTERNATE OR ALTERNATES, COMPLETE […]
Sec. 13.26.655. Completion of statutory form power of attorney.
(a) [Repealed, § 28 ch 50 SLA 2016.] (b) Special provisions and limitations may be imposed on the statutory form power of attorney only if they conform to the requirements of AS 13.26.670.
Sec. 13.26.660. Applicability of provisions of statutory form power of attorney.
In the instrument set out in AS 13.26.645 – 13.26.650, (1) if the principal has appointed more than one person to act as agent and failed to mark whether the agents may act “jointly” or “severally,” the agents are required to act jointly; (2) if the principal has failed to indicate when the instrument shall […]
Sec. 13.26.575. Payment of debt and delivery of property to foreign conservator without local proceedings.
(a) Any person indebted to a protected person, or having possession of property or of an instrument evidencing a debt, stock, or chose in action belonging to a protected person may pay or deliver to a conservator, guardian of the estate, or other like fiduciary appointed by a court of the state of residence of […]
Sec. 13.26.665. Interpretation of provisions in statutory form power of attorney.
(a) In a statutory form power of attorney, the language conferring general authority with respect to real estate transactions shall be construed to mean that, as to an estate or interest in land of the principal, whether in the state or elsewhere, the principal authorizes the agent to (1) accept as a gift or as […]
Sec. 13.26.500. General duty of conservator.
In the exercise of powers, a conservator shall act as fiduciary and shall observe the standards of care applicable to trustees under AS 13.36.225 – 13.36.290.
Sec. 13.26.505. Inventory, implementation report, and records.
Within 90 days after distribution of the order of appointment, every conservator shall prepare and file with the appointing court a conservator implementation report and a complete inventory of the estate of the protected person together with an oath or affirmation that it is complete and accurate so far as the conservator is informed. The […]
Sec. 13.26.510. Accounts.
A conservator shall submit a report to the court at least every year. In addition, a conservator shall account to the court for administration of the trust upon resignation or removal and at other times as the court may direct. On termination of the protected person’s minority or disability, a conservator may account to the […]