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Those legal opinions have not been made public, but the Trusts legal counsel, Nelson Page, addressed the issue during a work session on Thursday. And general trust law in the state of Alaska allows and in fact, I think, clearly suggests that the Trust has #trademarkability the right and the obligation to make the endowment of the Trust be as productive as possible, he told the board. Page met with the director of the civil division of the Attorney Generals office to discuss the issue last month. Page said the AGs office had some serious questions about the Boards investment strategy. How big are you gonna get with this program? Where do you cross the line from enhancing revenue and enhancing the endowment of the trust to violating the statutes?’ he cited representatives from the AGs office as asking. The Attorney Generals office declined to comment on the meeting because it has not issued an official opinion on the matter. The board is working in a legal grey area, Page said. He said the board is putting its aggressive real estate strategy on hold, and will work with the AGs office, advisory boards, and others to develop a way forward. Straightforward Guidelines For Practical Best Trademark Agent Programs | Trademark Factory International IncBoard chair Russ Webb said the Trustees need to meet in executive session to discuss the next steps as soon as possible. The ambiguity is clear. Its out there, he said. The fact that it exists is clear, and we obviously need to resolve the issue as quickly as we can. The board will also begin recruiting for a new CEO as soon as a job description is ready. Greg Jones was put in place as an interim leader when former long-time CEO Jeff Jessee was demoted last fall.
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