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April 3 1997 Draft 1 (April 3, 1997)

handle is hein.nccusl/nccpub01186 and id is 1 raw text is: REVISED UNIFORM PRINCIPAL AND INCOME ACT (1997)
DISCUSSION DRAFT
Section
FArticle] 1
DEFINITIONS AND GENERAL PRINCIPLES
101     Short Title
102     Definitions
103     Fiduciary Duties; General Principles
104     Trustee's Power to Adjust
[Article] 2
DECEDENTS' ESTATES AND TERMINATING INCOME INTERESTS
201     Determination and Distribution of Net Income
202     Distributions to Residuary and Remainder Beneficiaries
[Article] 3
APPORTIONMENT AT BEGINNING AND END OF INCOME INTEREST
301     When Right to Income Begins and Ends
302     Apportionment of Receipts and Disbursements When Decedent
Dies or Income Interest Begins
303     Apportionment When Income Interest Ends
[Article] 4
ALLOCATION OF RECEIPTS DURING ADMINISTRATION OF TRUST
Part 1
Receipts From Entities
401     Character of Receipts
402     Distributions From Trusts and Estates
403     Business and Other Activities Conducted by
Trustee
-  1  -             (4/3/97)
(Style Committee Draft)

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