Definitions.

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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.


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