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.
Section: 13.38.800 13.38.810 13.38.820 13.38.830 13.38.840 13.38.850 13.38.860 NextLast modified: November 15, 2016