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  6. TITLE 30. GUARDIANS AND TRU...
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  8. 557A. Uniform Principal and Income Act


557A. Uniform Principal and Income Act


  • 557A-101 Short title.
  • 557A-102 Definitions.
  • 557A-103 Fiduciary duties; general principles.
  • 557A-104 Trustee's power to adjust.
  • 557A-105 Notice of proposed action.
  • 557A-106 Proceedings regarding trustee's power to adjust.
  • 557A-201 Determination and distribution of net income.
  • 557A-202 Distribution to residuary and remainder beneficiaries.
  • 557A-301 When right to income begins and ends.
  • 557A-302 Apportionment of receipts and disbursements when decedent dies or income interest begins.
  • 557A-303 Apportionment when income interest ends.
  • 557A-401 Character of receipts.
  • 557A-402 Distribution from trust or estate.
  • 557A-403 Business and other activities conducted by trustee.
  • 557A-404 Principal receipts.
  • 557A-405 Rental property.
  • 557A-406 Obligation to pay money.
  • 557A-407 Insurance policies and similar contracts.
  • 557A-408 Insubstantial allocations not required.
  • 557A-409 Deferred compensation, annuities, and similar payments.
  • 557A-410 Liquidating asset.
  • 557A-411 Minerals, water, and other natural resources.
  • 557A-412 Timber.
  • 557A-413 Property not productive of income.
  • 557A-414 Derivatives and options.
  • 557A-415 Asset-backed securities.
  • 557A-501 Disbursements from income.
  • 557A-502 Disbursements from principal.
  • 557A-503 Transfers from income to principal for depreciation.
  • 557A-504 Transfers from income to reimburse principal.
  • 557A-505 Income taxes.
  • 557A-506 Adjustments between principal and income because of taxes.
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