(a) Without authorization by a court, a trustee may exercise the powers conferred by the terms of the trust and, except as limited by the terms of the trust, the powers conferred by this chapter.
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Terms Used In Alaska Statutes 13.36.107

  • Trustee: A person or institution holding and administering property in trust.
(b) This chapter does not affect the power of a court to

(1) relieve a trustee from provisions contained in the terms of the trust that restrict the exercise of powers;
(2) confer on a trustee additional powers, whether or not the powers are authorized by the terms of the trust; or
(3) restrict the exercise of a power otherwise given to the trustee by the terms of the trust or this chapter.
(c) The grant of a power to a trustee, whether under the terms of the trust, this chapter, or a court, does not alone govern the exercise of the power.
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