GENERAL STATUTES OF CONNECTICUT

CHAPTER 45a

CONNECTICUT UNIFORM PRINCIPAL AND INCOME ACT

 

 

45a-542  Short title: Connecticut Principal and Income Act.
45a-542a  Definitions.
45a-542b  Fiduciary duties.
45a-542c  Trustee's power to adjust.
45a-542d  Determination and distribution of income interest of decedent's estate or in trust after trust ends.
45a-542e  Distribution to beneficiaries.
45a-542f  Right to income.
45a-542g  Apportionment of receipts and disbursements when decedent dies or interest income begins.
45a-542h  Apportionment when income interest ends.
45a-542i  Character of receipts.
45a-542j  Distribution from trust or estate.
45a-542k  Business and other activities conducted by trustee.
45a-542l  Principal receipts.
45a-542m  Rental property.
45a-542n  Obligation to pay money.
45a-542o  Insurance policies and similar contracts.
45a-542p  Insubstantial allocations not required.
45a-542q  Deferred compensation, annuities and similar payments.
45a-542r  Liquidating asset.
45a-542s  Minerals, water and other natural resources.
45a-542t  Timber.
45a-542u  Property not productive of income.
45a-542v  Derivatives and options.
45a-542w  Asset-backed securities.
45a-542x  Disbursements from income.
45a-542y  Disbursements from principal.
45a-542z  Transfers from income to principal for depreciation.
45a-542aa  Transfers from income to reimburse principal.
45a-542bb  Income taxes.
45a-542cc   Adjustments between principal and income as result of taxes.
45a-542dd  Uniformity of application and construction.
45a-542ee  Severability clause.
45a-542ff  Application to existing trust or decedent's estate.