Sec. 13.38.435. Definitions.
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/ak/title-13/chapter-38/13-38-435A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 13.38.435. Definitions.
In AS 13.38.300 — 13.38.435,
(1)“smoothing period” means the period of years over which the fair market value of the assets of a unitrust are averaged;
(2)“unitrust percentage” means the unitrust percentage established under AS 13.38.330 (d).
Article 3. Charitable Trust Election.