Alaska Statutes: AS 13.38.800. Mandatory Disbursements From Income.

Alaska Statutes. Title 13. Decedents' Estates, Guardianships, Transfers, and Trusts. Chapter 38. Alaska Principal and Income Act Section 800. Mandatory Disbursements From Income.

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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.

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