Delaware Code
Chapter 61. DELAWARE UNIFORM PRINCIPAL AND INCOME ACT
Subchapter IV. Allocation of Receipts During Administration of Trust

§ 61-401. Character of receipts. - (a) In this section, “entity” means a corporation, partnership, limited...

§ 61-402. Distribution from trust or estate. - A trustee shall allocate to income an amount received as...

§ 61-403. Business and other activities conducted by an estate. - (a) If a trustee who conducts a business or other...

§ 61-404. Principal receipts. - A trustee shall allocate to principal: (1) To the extent...

§ 61-405. Rental property. - To the extent that a trustee accounts for receipts from...

§ 61-406. Obligation to pay money. - (a) An amount received as interest, whether determined at a...

§ 61-407. Insurance policies and similar contracts. - (a) Except as otherwise provided in subsection (b) of this...

§ 61-408. Insubstantial allocations not required. - If a trustee determines that an allocation between principal and...

§ 61-409. Deferred compensation, annuities, and similar payments. - (a) In this section: (1) “Payment” means a payment that...

§ 61-410. Liquidating asset. - (a) In this section, “liquidating asset” means an asset whose...

§ 61-411. Minerals, water and other natural resources. - (a) To the extent that a trustee accounts for receipts...

§ 61-412. Timber. - (a) To the extent that a trustee accounts for receipts...

§ 61-413. Property not productive of income. - Upon request of the income beneficiary, if the trustee determines...

§ 61-414. Derivatives and options. - (a) In this section, “derivative” means a contract or financial...

§ 61-415. Asset-backed securities. - (a) In this section, “asset-backed security” means an asset whose...