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Alaska Statutes.

Title 13. Estates, Guardianships, Transfers, Trusts.

Chapter 38. Principal and Income of Trusts

Section 800. Mandatory Disbursements From Income.

AS 13.38.800. Mandatory Disbursements From Income.

A trustee shall make the following disbursements from income:

(1) interest, except interest on taxes described in AS 13.38.810(a)(7);

(2) ordinary repairs;

(3) real estate and other regularly recurring taxes assessed against principal;

(4) recurring premiums on fire or other insurance covering the loss of a principal asset or the loss of income from or use of the asset.

Note to HTML Version:

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