Uniform Principal And Income Act (1997)

  1. Law
  2. Kansas Statutes
  3. Personal And Real Property
  4. Uniform Principal And Income Act (1997)

Checkout our iOS App for a better way to browser and research.

Section
58-9,101

Short title.

Section
58-9,102

Definitions.

Section
58-9,103

Fiduciary duties; general principles.

Section
58-9,104

Trustee's power to adjust.

Section
58-9,105

Conversion of trust into unitrust; exceptions.

Section
58-9,106

Income standard, no presumption concerning fiduciary duty.

Section
58-9,201

Determination and distribution of net income.

Section
58-9,202

Distribution to residuary and remainder beneficiaries.

Section
58-9,301

When right to income begins and ends.

Section
58-9,302

Apportionment of receipts and disbursements when decedent dies or income interest begins.

Section
58-9,303

Apportionment when income interest ends.

Section
58-9,401

Character of receipts.

Section
58-9,402

Distribution from trust or estate.

Section
58-9,403

Business and other activities conducted by trustee.

Section
58-9,404

Principal receipts.

Section
58-9,405

Rental property.

Section
58-9,406

Obligation to pay money.

Section
58-9,407

Insurance policies and similar contracts.

Section
58-9,408

Insubstantial allocations not required.

Section
58-9,409

Deferred compensation, annuities and similar payments.

Section
58-9,410

Liquidating asset.

Section
58-9,411

Minerals, water and other natural resources.

Section
58-9,412

Timber.

Section
58-9,413

Property not productive of income.

Section
58-9,414

Derivatives and options.

Section
58-9,415

Asset-backed securities.

Section
58-9,501

Disbursements from income.

Section
58-9,502

Disbursements from principal.

Section
58-9,503

Transfers from income to principal for depreciation.

Section
58-9,504

Transfers from income to reimburse principal.

Section
58-9,505

Income taxes.

Section
58-9,506

Adjustments between principal and income because of taxes.

Section
58-9,601

Application of act.

Section
58-9,602

Uniformity of application and construction.

Section
58-9,603

Severability clause.

Section
58-9,606

Transitional matters.