The trustee of a trust held exclusively for charitable purposes may elect to be governed by AS 13.38.440 - 13.38.490 unless the governing instrument expressly provides that the election provided by AS 13.38.440 - 13.38.490 is not available.
Structure Alaska Statutes
Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions
Chapter 38. Alaska Principal and Income Act
Article 3. Charitable Trust Election.
Sec. 13.38.440. Charitable trust election.
Sec. 13.38.450. Requirements for making election.
Sec. 13.38.460. Selection of percentage after charitable trust election.
Sec. 13.38.470. Revocation of charitable trust election.