A trustee shall make the following disbursements from income:
(1) interest, except interest on taxes described in AS 13.38.810(a)(7);
(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.
Structure Alaska Statutes
Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions
Chapter 38. Alaska Principal and Income Act
Article 7. Allocation of Disbursements During Administration of Trust.
Sec. 13.38.800. Mandatory disbursements from income.
Sec. 13.38.810. Mandatory disbursements from principal.
Sec. 13.38.820. Discretionary allocation of expenses.
Sec. 13.38.830. Transfers to principal for depreciation.
Sec. 13.38.840. Transfers from income to reimburse principal.
Sec. 13.38.860. Adjustments between principal and income because of taxes.