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AS 13.38.435

Definitions

Known as the Alaska Principal and Income Act

The act spans §§ 13–13 (56 sections).

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).

Article 3. Charitable Trust Election.

Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.