There is a newer version of the Alaska Statutes
2010 Alaska Statutes
Title 13. DECEDENTS' ESTATES, GUARDIANSHIPS, TRANSFERS, TRUSTS, AND HEALTH CARE DECISIONS
Chapter 13.38. ALASKA PRINCIPAL AND INCOME ACT
Sec. 13.38.370. Effects of conversion.
AK Stat § 13.38.370 (through 26th Leg Sess 2010) What's This?
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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