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Alaska Statutes.
Title 13. Estates, Guardianships, Transfers, Trusts.
Chapter 38. Principal and Income of Trusts
Section 370. Effects of Conversion.
previous: Section 360. Court Orders Regarding Unitrust.
next: Section 380. Prohibited Conversions; Exception.

AS 13.38.370. Effects of Conversion.

A conversion to a unitrust does not affect a provision in the governing instrument directing or authorizing the trustee to distribute principal or authorizing a beneficiary to withdraw a portion or all of the principal.

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This version of the Alaska Statutes is current through December, 2004. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful.

Last modified 9/3/2005