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Alaska Statutes, Title 13

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Alaska/Statutes

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Title 13, Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions

37 chapters · 793 sections in this title.

All chapters in Title 13793 Ch 16, Probate of Wills and Administration.131 Ch 26, Protection of Minors and Incapacitat…107 Ch 12, Intestacy, Wills, and Donative Trans…99 Ch 36, Trust Administration.86 Ch 38, Alaska Principal and Income Act.56 Ch 52, Health Care Decisions Act.47 Ch 33, Nonprobate Transfers.30 Ch 46, Alaska Uniform Transfers to Minors Act.27 Ch 27, Uniform Adult Guardianship and Prote…23 Ch 60, Uniform Custodial Trust Act.21 Ch 06, General Provisions, Definitions, and…20 Ch 56, Supported Decision-Making Agreements.20 Ch 63, Revised Uniform Fiduciary Access to …19 Ch 70, Disclaimer of Property Interests.18

10 sections·Filtered byTitle 13✕Ch 65✕

AS 13.65.010 Standard of conduct in managing and investing institutional funds.
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(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 o…
AS 13.65.020 Appropriation for expenditure or accumulation of endowment fund; rules of construction.
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(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 e…
AS 13.65.030 Delegation of management and investment functions.
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(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 circum…
AS 13.65.040 Release or modification of restrictions on management, investment, or purpose.

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(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 pu…

AS 13.65.050 Reviewing compliance.

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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.

AS 13.65.060 Relation to Electronic Signatures in Global and National Commerce Act.

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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).

AS 13.65.070 Application.

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If another provision of law or of a governing instrument of an institution applies to an institutional fund but conflicts with this chapter, the other provision governs.

AS 13.65.080 Uniformity of application and construction.

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In applying and construing this chapter, consideration shall be given to the need to promote uniformity of the law with respect to its subject matter among states that enact it.

AS 13.65.090 Definitions.

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In this chapter, (1) “charitable purpose” means the relief of poverty, the advancement of education or religion, the promotion of health, the promotion of a governmental purpose, or another purpose the achievement of which is beneficial to the community; (2) “endowment fund” mean…

AS 13.65.095 Short title.

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This chapter may be cited as the Uniform Prudent Management of Institutional Funds Act.