Mandatory disbursements from income.

AS 13.38.800, under Alaska Principal and Income Act..

AS 13.38.800

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.