A trustee shall make the following disbursements from income:

(1) interest, except interest on taxes described in Alaska Stat. § 13.38.810(a)(7);

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Terms Used In Alaska Statutes 13.38.800

  • Trustee: A person or institution holding and administering property in trust.
(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.