A trustee shall allocate to principal:
(1) To the extent not allocated to income under this chapter, assets received from a transferor during the transferor's lifetime, a decedent's estate, a trust with a terminating income interest, or a payer under a contract naming the trust or its trustee as beneficiary;
(2) Money or other property received from the sale, exchange, liquidation, or change in form of a principal asset, including realized profit, subject to this subchapter;
(3) Amounts recovered from third parties to reimburse the trust because of disbursements described in § 61-502(a)(7) of this title or for other reasons to the extent not based on the loss of income;
(4) Proceeds of property taken by eminent domain, but a separate award made for the loss of income with respect to an accounting period during which a current income beneficiary had a mandatory income interest is income;
(5) Net income received in an accounting period during which there is no beneficiary to whom a trustee may or must distribute income; and
(6) Other receipts as provided in subchapter III of this chapter.
Structure Delaware Code
Title 12 - Decedents' Estates and Fiduciary Relations
Chapter 61. DELAWARE UNIFORM PRINCIPAL AND INCOME ACT
Subchapter IV. Allocation of Receipts During Administration of Trust
§ 61-401. Character of receipts.
§ 61-402. Distribution from trust or estate.
§ 61-403. Business and other activities conducted by an estate.
§ 61-406. Obligation to pay money.
§ 61-407. Insurance policies and similar contracts.
§ 61-408. Insubstantial allocations not required.
§ 61-409. Deferred compensation, annuities, and similar payments.
§ 61-411. Minerals, water and other natural resources.
§ 61-413. Property not productive of income.