GroundRules
AS 13.38.800: Mandatory disbursements from income.
Where this section sits in the code
- Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions.
- Chapter 38. Alaska Principal and Income Act.
- Article 7. Allocation of Disbursements During Administration of Trust.
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.
Collected 2026-09-02T06:16:54Z. Source file · JSON