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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A director, an officer, an employee, or a shareholder of a trust company may not
(1) conceal information or a fact, or remove, destroy, or conceal a book or record of the trust company, for the purpose of concealing information or a fact from the department or an agent of the department; or
(2) for the purpose of concealing, remove or destroy a book or record of the trust company that is material to a pending or anticipated court or administrative proceeding.
(b) A director, an officer, or an employee of a trust company may not make a false entry in the records, a report, or a statement of the trust company.
Cite this article: FindLaw.com - Alaska Statutes Title 6. Banks and Financial Institutions § 06.26.560. Prohibited acts - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-6-banks-and-financial-institutions/ak-st-sect-06-26-560/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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