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Article 1 - Definitions and Fiduciary Duties
§ 91-17-101. Short title - This chapter may be cited as the Mississippi Principal and...
§ 91-17-102. Definitions - In this chapter:
§ 91-17-103. Fiduciary duties; general principles - In allocating receipts and disbursements to or between principal and...
§ 91-17-104. Trustee's power to adjust - A trustee may adjust between principal and income to the...
§ 91-17-105. Judicial control of discretionary power - The court may not order a fiduciary to change a...
Article 2 - Decedent's Estate or Terminating Income Interest
§ 91-17-201. Determination and distribution of net income - After a decedent dies, in the case of an estate,...
§ 91-17-202. Distribution to residuary and remainder beneficiaries - Each beneficiary described in Section 91-17-201(4) is entitled to receive...
Article 3 - Apportionment at Beginning and End of Income Interest
§ 91-17-301. When right to income begins and ends - An income beneficiary is entitled to net income from the...
§ 91-17-302. Apportionment of receipts and disbursements when decedent dies or income interest begins - A trustee shall allocate an income receipt or disbursement other...
§ 91-17-303. Apportionment when income interest ends - In this section, "undistributed income" means net income received before...
Article 4 - Allocation of Receipts During Administration of Trust
§ 91-17-401. Character of receipt - In this section, "entity" means a corporation, partnership, limited liability...
§ 91-17-402. Distribution from trust or estate - A trustee shall allocate to income an amount received as...
§ 91-17-403. Business and other activities conducted by trustee - If a trustee who conducts a business or other activity...
§ 91-17-404. Principal receipts - A trustee shall allocate to principal:
§ 91-17-405. Rental property - To the extent that a trustee accounts for receipts from...
§ 91-17-406. Obligation to pay money - An amount received as interest, whether determined at a fixed,...
§ 91-17-407. Insurance policies and similar contracts - Except as otherwise provided in subsection (b), a trustee shall...
§ 91-17-408. Insubstantial allocations not required - If a trustee determines that an allocation between principal and...
§ 91-17-409. Deferred compensation, annuities, and similar payments - In this section: To the extent that a payment is...
§ 91-17-410. Liquidating asset - In this section, "liquidating asset" means an asset whose value...
§ 91-17-411. Minerals, water, and other natural resources - To the extent that a trustee accounts for receipts from...
§ 91-17-412. Timber - To the extent that a trustee accounts for receipts from...
§ 91-17-413. Property not productive of income - If a marital deduction is allowed for all or part...
§ 91-17-414. Derivative and options - In this section, "derivative" means a contract or financial instrument...
§ 91-17-415. Asset-backed securities - In this section, "asset-backed security" means an asset whose value...
Article 5 - Allocation of Disbursements During Administration of Trust
§ 91-17-501. Disbursements from income - A trustee shall make the following disbursements from income to...
§ 91-17-502. Disbursements from principal - A trustee shall make the following disbursements from principal: If...
§ 91-17-503. Transfers from income to principal for depreciation - In this section, "depreciation" means a reduction in value due...
§ 91-17-504. Transfers from income to reimburse principal - If a trustee makes or expects to make a principal...
§ 91-17-505. Income taxes - A tax required to be paid by a trustee based...
§ 91-17-506. Adjustments between principal and income because of taxes - A fiduciary may make adjustments between principal and income to...
Article 6 - Miscellaneous Provisions
§ 91-17-601. Uniformity of application and construction - In applying and construing this chapter, consideration must be given...
§ 91-17-602. Severability clause - If any provision of this chapter or its application to...
§ 91-17-603. Application of chapter to existing trusts and estates - This chapter applies to every trust or decedent's estate existing...
§ 91-17-604. Transitional matter - Section 91-17-409 applies to a trust described in Section 91-17-409(d)...
§ 91-17-1 Repealed. - Repealed by Laws, 2012, ch. 351, § 2, effective from...
§ 91-17-3 Repealed. - Repealed by Laws, 2012, ch. 351, § 2, effective from...
§ 91-17-5 Repealed. - Repealed by Laws, 2012, ch. 351, § 2, effective from...
§ 91-17-7 Repealed. - Repealed by Laws, 2012, ch. 351, § 2, effective from...
§ 91-17-9 Repealed. - Repealed by Laws, 2012, ch. 351, § 2, effective from...
§ 91-17-11 Repealed. - Repealed by Laws, 2012, ch. 351, § 2, effective from...
§ 91-17-13 Repealed. - Repealed by Laws, 2012, ch. 351, § 2, effective from...
§ 91-17-15 Repealed. - Repealed by Laws, 2012, ch. 351, § 2, effective from...
§ 91-17-17 Repealed. - Repealed by Laws, 2012, ch. 351, § 2, effective from...
§ 91-17-19 Repealed. - Repealed by Laws, 2012, ch. 351, § 2, effective from...
§ 91-17-21 Repealed. - Repealed by Laws, 2012, ch. 351, § 2, effective from...
§ 91-17-23 Repealed. - Repealed by Laws, 2012, ch. 351, § 2, effective from...
§ 91-17-25 Repealed. - Repealed by Laws, 2012, ch. 351, § 2, effective from...
§ 91-17-27 Repealed. - Repealed by Laws, 2012, ch. 351, § 2, effective from...
§ 91-17-29 Repealed. - Repealed by Laws, 2012, ch. 351, § 2, effective from...
§ 91-17-31 Repealed. - Repealed by Laws, 2012, ch. 351, § 2, effective from...