Alaska Statutes 13.38.400 – Reconversion from a unitrust
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 13.38.400
- Trustee: A person or institution holding and administering property in trust.
A trustee may reconvert a trust that has been converted into a unitrust under AS 13.38.300 by following the same procedures provided in AS 13.38.300 – 13.38.435 for converting a trust into a unitrust. If a unitrust is reconverted under this section, the trustee’s power to adjust under AS 13.38.210 applies to the trustee after the reconversion.