Uniform Fiduciary Income and Principal Act.

  1. Law
  2. Revised Code of Washington
  3. Probate and Trust Law
  4. Uniform Fiduciary Income and Principal Act.

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Section
11.104B.001

Short title.

Section
11.104B.005

Definitions.

Section
11.104B.010

Scope.

Section
11.104B.020

Governing law.

Section
11.104B.050

Fiduciary duties—General principles.

Section
11.104B.060

Fiduciary duties—Judicial review of exercise of discretionary power—Request for instruction.

Section
11.104B.070

Fiduciary duties—Power to adjust.

Section
11.104B.100

Unitrusts—Definitions.

Section
11.104B.110

Unitrusts—Application—Duties and remedies.

Section
11.104B.120

Unitrusts—Authority of fiduciary.

Section
11.104B.130

Unitrusts—Notice.

Section
11.104B.140

Unitrusts—Unitrust policies.

Section
11.104B.150

Unitrusts—Unitrust rates.

Section
11.104B.160

Unitrusts—Applicable value.

Section
11.104B.170

Unitrusts—Period.

Section
11.104B.180

Unitrust—Special tax benefits—Other rules.

Section
11.104B.200

Receipts from entities—Character.

Section
11.104B.210

Receipts from entities—Distributions from trusts and estates.

Section
11.104B.220

Receipts from entities—Businesses and other activities conducted by fiduciary.

Section
11.104B.230

Receipts not normally apportioned—Principal receipts.

Section
11.104B.240

Receipts not normally apportioned—Rental property.

Section
11.104B.250

Receipts not normally apportioned—Receipt on obligation to be paid in money.

Section
11.104B.260

Receipts not normally apportioned—Insurance policies and contracts.

Section
11.104B.270

Receipts normally apportioned—Insubstantial allocation not required.

Section
11.104B.280

Receipts normally apportioned—Deferred compensation, annuities, and similar payments.

Section
11.104B.290

Receipts normally apportioned—Liquidating assets.

Section
11.104B.300

Receipts normally apportioned—Minerals, water, and other natural resources.

Section
11.104B.310

Receipts normally apportioned—Timber.

Section
11.104B.320

Receipts normally apportioned—Marital deduction property not productive of income.

Section
11.104B.330

Receipts normally apportioned—Derivatives and options.

Section
11.104B.340

Receipts normally apportioned—Asset-backed securities.

Section
11.104B.350

Receipts normally apportioned—Other financial instruments and arrangements.

Section
11.104B.400

Disbursements—Disbursement from income.

Section
11.104B.410

Disbursements—Disbursement from principal.

Section
11.104B.420

Disbursements—Transfer from income to principal for depreciation.

Section
11.104B.430

Disbursements—Reimbursement of income from principal.

Section
11.104B.440

Disbursements—Reimbursement of principal from income.

Section
11.104B.450

Disbursements—Income taxes.

Section
11.104B.460

Disbursements—Adjustment between income and principal because of taxes.

Section
11.104B.500

Death or termination of interest—Determination and distribution of net income.

Section
11.104B.510

Death or termination of interest—Distribution to successor beneficiary.

Section
11.104B.550

Death or termination of interest—When right to income begins and ends.

Section
11.104B.560

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

Section
11.104B.570

Death or termination of interest—Apportionment when income interest ends.

Section
11.104B.900

Uniformity of application and construction.

Section
11.104B.901

Relation to electronic signatures in global and national commerce act.

Section
11.104B.902

Application.

Section
11.104B.903

Application of chapter 11.96A RCW.

Section
11.104B.904

Construction—Chapter applicable to state registered domestic partnerships—2009 c 521.

Section
11.104B.905

Effective date—2021 c 140 §§ 2101-2806.