The trustee may revoke an election to be governed by AS 13.38.440 - 13.38.490 if the revocation is made as part of an alternative investment policy seeking the long-term preservation of the real value of the principal of the trust. The revocation and alternative investment policy must be in writing and maintained as part of the permanent records of the trust.
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.