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2017 Alaska Statutes
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
Sec. 13.38.800. Mandatory disbursements from income.
Universal Citation: AK Stat § 13.38.800 (2017)
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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