ULC

Acts

Principal and Income Act (2000)

Description

This act’s purpose is to provide procedures for trustees administering trusts and personal representatives administering estates in allocating assets to principal and income, and to govern their proper distribution to beneficiaries, heirs and devisees.

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Staff Contact

Benjamin Orzeske borzeske@uniformlaws.org

 

Enactment Status Map

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Legislative Tracking

2017 Introductions & Enactments

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Drafting History

Origin: Completed by the Uniform Law Commission in 1997.
Committee/Resources: Principal and Income Act (2000)
Related Versions: Principal and Income Amendments (2008)
Principal and Income Act (1962)