In AS 13.38.300 - 13.38.435,
(1) “smoothing period” means the period of years over which the fair market value of the assets of a unitrust are averaged;
(2) “unitrust percentage” means the unitrust percentage established under AS 13.38.330(d).
Structure Alaska Statutes
Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions
Chapter 38. Alaska Principal and Income Act
Sec. 13.38.300. Power to convert to unitrust.
Sec. 13.38.310. Judicially approved conversion; beneficiary request for conversion.
Sec. 13.38.320. Factors to be considered.
Sec. 13.38.330. Directions after conversion.
Sec. 13.38.340. Trustee's discretionary powers regarding unitrust.
Sec. 13.38.350. Unitrust deductions and distributions.
Sec. 13.38.360. Court orders regarding unitrust.
Sec. 13.38.370. Effects of conversion.
Sec. 13.38.380. Prohibited conversions; exception.
Sec. 13.38.390. Permissible conversion where otherwise prohibited.
Sec. 13.38.400. Reconversion from a unitrust.
Sec. 13.38.410. Release of power to convert to unitrust.
Sec. 13.38.420. Express total return unitrusts.
Sec. 13.38.430. Power to treat gains as part of distribution of principal.