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Alaska Administrative Code (Last Updated: January 12, 2017) |
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Title 3. Commerce, Community, and Economic Development. |
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Part 3.1. Banking, Securities, Small Loans and Corporations. |
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Chapter 3.04. Trust Companies. |
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Article 3.04.6. Organic Change. |
Section 3.04.900. Retention of records.
Latest version.
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A trust company shall retain a trust agreement, and the records pertaining to that trust agreement, for seven years after the trust is terminated. All other trust company records shall be maintained in accordance with 3 AAC 02.010. Any record required to be retained under this section may be retained on microfilm, on microfiche, or in any other form that preserves a true and accurate reproduction of the original document and that is admissible as evidence in a court of this state and under the Alaska Rules of Evidence.