UNIFORM PRINCIPAL AND INCOME ACT
ARTICLE 1. DEFINITIONS AND FIDUCIARY DUTIES.
55-13A-101 Short title.
55-13A-103 Fiduciary duties--General principles.
55-13A-104 Trustee's power to adjust.
55-13A-105 Judicial control of discretionary power.
ARTICLE 2. DECEDENT'S ESTATE OR TERMINATING INCOME INTEREST. 55-13A-201
Determination and distribution of net income. 55-13A-202
Distribution to residuary and remainder beneficiaries.
ARTICLE 3. APPORTIONMENT AT BEGINNING AND END OF INCOME INTEREST. 55-13A-301
When right to income begins and ends. 55-13A-302
Apportionment of receipts and disbursements when decedent dies or income interest begins. 55-13A-303
Apportionment when income interest ends.
ARTICLE 4. ALLOCATION OF RECEIPTS DURING ADMINISTRATION OF TRUST.
PART 1. RECEIPTS FROM ENTITIES. 55-13A-401
Character of receipts. 55-13A-402
Distribution from trust or estate. 55-13A-403
Business and other activities conducted by trustee.
PART 2. RECEIPTS NOT NORMALLY APPORTIONED. 55-13A-404
Principal receipts. 55-13A-405
Rental property. 55-13A-406
Obligation to pay money. 55-13A-407
Insurance policies and similar contracts.
PART 3. RECEIPTS NORMALLY APPORTIONED. 55-13A-408
Insubstantial allocations not required. 55-13A-409
Deferred compensation, annuities, and similar payments. 55-13A-410
Liquidating asset. 55-13A-411
Minerals, water, and other natural resources. 55-13A-412
Property not productive of income. 55-13A-414
Derivatives and options. 55-13A-415
ARTICLE 5. ALLOCATION OF DISBURSEMENTS DURING ADMINISTRATION OF
Disbursements from income. 55-13A-502
Disbursements from principal. 55-13A-503
Transfers from income to principal for depreciation. 55-13A-504
Transfers from income to reimburse principal. 55-13A-505
Income taxes. 55-13A-506
Adjustments between principal and income because of taxes.
ARTICLE 6. MISCELLANEOUS PROVISIONS. 55-13A-601
Uniformity of application and construction. 55-13A-602
Application of chapter to existing trusts and estates.