Alaska Stat. § 13.38.800

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

Section 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.

AS 13.38.800