Sec. 13.70.040. Disclaimer of interest in property.
(a) Except for a disclaimer governed by AS 13.70.050 – 13.70.065, the following rules apply to a disclaimer of an interest in property: (1) the disclaimer takes effect as of the time the instrument creating the interest becomes irrevocable or, if the interest arose under the law of intestate succession, as of the time of […]
Sec. 13.75.020. Persons authorized to control disposition.
(a) The following persons, in the priority listed, may control disposition of a decedent’s remains: (1) a person designated in a disposition document as the disposition agent for the decedent; (2) a person serving, or nominated by the decedent in the decedent’s will to serve, as the personal representative of the decedent’s estate, if the […]
Sec. 13.70.050. Disclaimer of rights of survivorship in jointly held property.
(a) On the death of a holder of jointly held property, a surviving holder may disclaim, in whole or part, the greater of (1) a fractional share of the property determined by dividing the number one by the number of joint holders alive immediately before the death of the holder to whose death the disclaimer […]
Sec. 13.63.195. Short title.
This chapter may be cited as the Revised Uniform Fiduciary Access to Digital Assets Act.
Sec. 13.65.010. Standard of conduct in managing and investing institutional funds.
(a) Subject to the intent of a donor expressed in a gift instrument, an institution, in managing and investing an institutional fund, shall consider the charitable purposes of the institution and the purposes of the institutional fund. (b) In addition to complying with the duty of loyalty imposed by law other than this chapter, each […]
Sec. 13.65.020. Appropriation for expenditure or accumulation of endowment fund; rules of construction.
(a) Subject to the intent of a donor expressed in a gift instrument, an institution may appropriate for expenditure or accumulate so much of an endowment fund as the institution determines is prudent for the uses, benefits, purposes, and duration for which the endowment fund is established. Unless stated otherwise in a gift instrument, the […]
Sec. 13.65.030. Delegation of management and investment functions.
(a) Subject to a specific limitation set out in a gift instrument or in law other than this chapter, an institution may delegate to an external agent the management and investment of an institutional fund to the extent that an institution could prudently delegate under the circumstances. An institution shall act in good faith, with […]
Sec. 13.65.040. Release or modification of restrictions on management, investment, or purpose.
(a) With the donor’s consent in a record, an institution may release or modify, in whole or in part, a restriction contained in a gift instrument on the management, investment, or purpose of an institutional fund. A release or modification may not allow a fund to be used for a purpose other than a charitable […]
Sec. 13.65.050. Reviewing compliance.
Compliance with this chapter is determined in light of the facts and circumstances existing at the time a decision is made or an action is taken.
Sec. 13.65.060. Relation to Electronic Signatures in Global and National Commerce Act.
This chapter modifies, limits, and supersedes 15 U.S.C. 7001 – 7031 (Electronic Signatures in Global and National Commerce Act), but does not modify, limit, or supersede 15 U.S.C. 7001(c) or authorize electronic delivery of a notice described in 15 U.S.C. 7003(b).