Alaska Statutes 13.38.810 – Mandatory disbursements from principal
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 13.38.810
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- property: includes real and personal property. See Alaska Statutes 01.10.060
- Trustee: A person or institution holding and administering property in trust.