Sec. 13.38.400. Reconversion from a unitrust.
63 words·~1 min read·
/ak/title-13/chapter-38/13-38-400A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 13.38.400. Reconversion from a unitrust.
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.