Alaska Statutes (Last Updated: January 11, 2017) |
Title 13. DECEDENTS' ESTATES, GUARDIANSHIPS, TRANSFERS, TRUSTS, AND HEALTH CARE DECISIONS. |
Chapter 13.38. ALASKA PRINCIPAL AND INCOME ACT. |
Article 13.38.03. CHARITABLE TRUST ELECTION. |
Section 13.38.470. Revocation of charitable trust election.
Latest version.
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The trustee may revoke an election to be governed by AS 13.38.440 - 13.38.490 if the revocation is made as part of an alternative investment policy seeking the long-term preservation of the real value of the principal of the trust. The revocation and alternative investment policy must be in writing and maintained as part of the permanent records of the trust.
Notes
History
(Sec. 2 ch 145 SLA 2003)