Uniform Principal And Income Act

  1. Law
  2. South Dakota Codified Laws
  3. Fiduciaries and Trusts
  4. Uniform Principal And Income Act

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

Section
55-13A-101

Short title.

Section
55-13A-102

Definitions.

Section
55-13A-103

Fiduciary duties--General principles.

Section
55-13A-104

Trustee's power to adjust.

Section
55-13A-105

Judicial control of discretionary power.

Section
55-13A-201

Determination and distribution of net income.

Section
55-13A-202

Distribution to residuary and remainder beneficiaries.

Section
55-13A-301

When right to income begins and ends.

Section
55-13A-302

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

Section
55-13A-303

Apportionment when income interest ends.

Section
55-13A-401

Character of receipts.

Section
55-13A-402

Distribution from trust or estate.

Section
55-13A-403

Business and other activities conducted by trustee.

Section
55-13A-404

Principal receipts.

Section
55-13A-405

Rental property.

Section
55-13A-406

Obligation to pay money.

Section
55-13A-407

Insurance policies and similar contracts.

Section
55-13A-408

Insubstantial allocations not required.

Section
55-13A-409

Deferred compensation, annuities, and similar payments.

Section
55-13A-410

Liquidating asset.

Section
55-13A-411

Minerals, water, and other natural resources.

Section
55-13A-412

Timber.

Section
55-13A-413

Property not productive of income.

Section
55-13A-414

Derivatives and options.

Section
55-13A-415

Asset-backed securities.

Section
55-13A-501

Disbursements from income.

Section
55-13A-502

Disbursements from principal.

Section
55-13A-503

Transfers from income to principal for depreciation.

Section
55-13A-504

Transfers from income to reimburse principal.

Section
55-13A-505

Income taxes.

Section
55-13A-506

Adjustments between principal and income because of taxes.

Section
55-13A-601

Uniformity of application and construction.

Section
55-13A-602

Application of chapter to existing trusts and estates.