Section 13.38.400. Reconversion from a unitrust.

Latest version.

A trustee may reconvert a trust that has been converted into a unitrust under AS 13.38.300 by following the same procedures provided in AS 13.38.300 - 13.38.435 for converting a trust into a unitrust. If a unitrust is reconverted under this section, the trustee's power to adjust under AS 13.38.210 applies to the trustee after the reconversion.

Notes

History

(Sec. 2 ch 145 SLA 2003; am Sec. 26 ch 45 SLA 2013)

                    
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