Sec. 06.26.540. Prohibition of certain action by officer or employee.
AK Stat § 06.26.540 (2019) (N/A)
Copy with citation
Copy as parenthetical citation
Unless expressly authorized by a resolution of the board recorded in the minutes of the board, an officer or employee may not create or dispose of a trust company asset or create or incur a liability on behalf of the trust company.