Vermont Statutes
Title 14 - Decedents' Estates and Fiduciary Relations
Chapter 118 - Uniform Principal and Income Act

§ 3321. Short title - § 3321. Short title This subchapter may be cited as...

§ 3322. Definitions - § 3322. Definitions As used in this chapter: (1) “Accounting...

§ 3323. Fiduciary duties; general principles - § 3323. Fiduciary duties; general principles (a) In allocating receipts...

§ 3324. Trustee’s power to adjust - § 3324. Trustee’s power to adjust (a) A trustee may...

§ 3325. Judicial control of discretionary power - § 3325. Judicial control of discretionary power (a) The court...

§ 3326. Uniformity of application and construction - § 3326. Uniformity of application and construction In applying and...

§ 3327. Severability clause - § 3327. Severability clause If any provision of this chapter...

§ 3331. Determination and distribution of net income - § 3331. Determination and distribution of net income After a...

§ 3332. Distribution to residuary and remainder beneficiaries - § 3332. Distribution to residuary and remainder beneficiaries (a) Each...

§ 3341. When right to income begins and ends - § 3341. When right to income begins and ends (a)...

§ 3342. Apportionment of receipts and disbursements when decedent dies or income interest begins - § 3342. Apportionment of receipts and disbursements when decedent dies...

§ 3343. Apportionment when income interest ends - § 3343. Apportionment when income interest ends (a) As used...

§ 3351. Character of receipts - § 3351. Character of receipts (a) As used in this...

§ 3352. Distribution from trust or estate - § 3352. Distribution from trust or estate A trustee shall...

§ 3353. Business and other activities conducted by trustee - § 3353. Business and other activities conducted by trustee (a)...

§ 3354. Principal receipts - § 3354. Principal receipts A trustee shall allocate to principal:...

§ 3355. Rental property - § 3355. Rental property To the extent that a trustee...

§ 3356. Obligation to pay money - § 3356. Obligation to pay money (a) An amount received...

§ 3357. Insurance policies and similar contracts - § 3357. Insurance policies and similar contracts (a) Except as...

§ 3358. Insubstantial allocations not required - § 3358. Insubstantial allocations not required If a trustee determines...

§ 3359. Deferred compensation, annuities, and similar payments - § 3359. Deferred compensation, annuities, and similar payments (a) In...

§ 3360. Liquidating asset - § 3360. Liquidating asset (a) As used in this section,...

§ 3361. Minerals, water, and other natural resources - § 3361. Minerals, water, and other natural resources (a) To...

§ 3362. Timber - § 3362. Timber (a) To the extent that a trustee...

§ 3363. Property not productive of income - § 3363. Property not productive of income (a) If a...

§ 3364. Derivatives and options - § 3364. Derivatives and options (a) As used in this...

§ 3365. Asset-backed securities - § 3365. Asset-backed securities (a) As used in this section,...

§ 3371. Disbursements from income - § 3371. Disbursements from income A trustee shall make the...

§ 3372. Disbursements from principal - § 3372. Disbursements from principal (a) A trustee shall make...

§ 3373. Transfers from income to principal for depreciation - § 3373. Transfers from income to principal for depreciation (a)...

§ 3374. Transfers from income to reimburse principal - § 3374. Transfers from income to reimburse principal (a) If...

§ 3375. Income taxes - § 3375. Income taxes (a) A tax required to be...

§ 3376. Adjustments between principal and income because of taxes - § 3376. Adjustments between principal and income because of taxes...