NEW YORK STATUTES

CHAPTER 11-A

UNIFORM PRINCIPAL AND INCOME ACT

11-A-1.1  Short title.
11-A-1.2  Definitions.
11-A-1.3  Fiduciary duties; general principles.
11-A-2.1  Determination and distribution of net income.
11-A-2.2  Distribution to residuary and remainder beneficiaries.
11-A-3.1  When right to income begins and ends.
11-A-3.2  Apportionment of receipts and disbursements when decedent dies or income interest begins.
11-A-3.3  Apportionment when income interest ends.
11-A-4.1  Character of receipts.
11-A-4.2  Distribution from trust or estate.
11-A-4.3  Business and other activities conducted by trustee.
11-A-4.4  Principal receipts.
11-A-4.5  Rental property.
11-A-4.6  Obligation to pay money.
11-A-4.7  Insurance policies and similar contracts.
11-A-4.8  Insubstantial allocations not required.
v11-A-4.9  Deferred compensation, annuities,and similar payments.
11-A-4.10  Liquidating asset.
11-A-4.11  Minerals, water, and other natural resources.
11-A-4.12  Timber.
11-A-4.13  Property not productive of income.
11-A-4.14  Derivatives and options.
11-A-4.15  Asset-backed securities.
11-A-5.1  Disbursements from income.
11-A-5.2  Disbursements from principal.
11-A-5.3  Transfers from income to principal for depreciation.
11-A-5.4  Transfers from income to reimburse principal.
11-A-5.5  Income taxes.
11-A-5.6  Adjustments between principal and income because of taxes.
11-A-6.1  Uniformity of application and construction.
11-A-6.2  Severability clause.
11-A-6.3  Effective date.
v11-A-6.4  Application of article.