Alaska Stat. § 13.38.490

Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135

Section 13.38.490 - Definitions

In AS 13.38.440 - 13.38.490, except as otherwise expressly stated in AS 13.38.440 - 13.38.490,

(1) "income" means the percentage of the value of the trust computed under AS 13.38.440 - 13.38.490;

(2) "principal" means all assets other than those identified as income in (1) of this section that are held by the trustee with respect to the trust.

AS 13.38.490