Mandatory disbursements from income.

Checkout our iOS App for a better way to browser and research.

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.


Download our app to see the most-to-date content.