Alaska Stat. § 06.26.750
Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
If the department revokes a trust company's certificate of authority under AS 06.26.740(a), the department may take possession of the trust company's fiduciary operations in this state and may appoint a receiver for the liquidation of the trust company's fiduciary operations in this state. If the trust company has its principal place of business in this state, the department may take possession of, and appoint a receiver for the liquidation of all the trust company's fiduciary operations wherever they are conducted.
AS 06.26.750