(a) The obligations of a custodial trustee, including the obligation to follow directions of the beneficiary, arise under this chapter upon the custodial trustee's acceptance, express or implied, of the custodial trust property.



(b) The custodial trustee's acceptance may be evidenced by a


writing stating in substance as follows:


CUSTODIAL TRUSTEE'S RECEIPT AND ACCEPTANCE


I, ________ (name of custodial trustee)


acknowledge receipt of the custodial


trust property described below or in the attached instrument and accept


the custodial trust as custodial trustee


for ________ (name of beneficiary)


under the Alaska Uniform Custodial Trust Act. I undertake to administer


and distribute the custodial trust property under the Alaska Uniform


Custodial Trust Act. My obligations as custodial trustee are subject to


the directions of the beneficiary unless the beneficiary is designated


as, is, or becomes incapacitated. The custodial trust property consists


of __________________________________________________________________.


Dated __________________________________________________


________________________________________________________


(Signature of Custodial Trustee).


(c) Upon accepting custodial trust property, a person


designated as custodial trustee under this chapter is subject to the


personal jurisdiction of the court with respect to a matter relating to


the custodial trust.