Maryland Statutes
Subtitle 5 - Maryland Uniform Principal and Income Act
Part III - Apportionment at Beginning and End of Income Interest

Section 15-505 - When Right to Income Begins and Ends - (a) (1) An income beneficiary is entitled to net income...

Section 15-506 - Apportionment of Receipts and Disbursements When Decedent Dies or Income Interest Begins - (a) A trustee shall allocate an income receipt or disbursement...

Section 15-507 - Apportionment When Income Interest Ends - (a) (1) In this section, “undistributed income” means net income...