New York § 11-A-4.2 Distribution from trust or estate

New York Statutes

§ 11-A-4.2 — Distribution from trust or estate

New York § 11-A-4.2

JurisdictionNew York

Law EPTEstates, Powers & Trusts

Part 4Allocation of Receipts During Administration of Trust

Subpart 1Receipts From Entities

Art. 11-AUniform Principal and Income Act

This text of New York § 11-A-4.2 (Distribution from trust or estate) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Estates, Powers & Trusts § 11-A-4.2 (2026).

Text

§ 11-A-4.2 Distribution from trust or estate\n  A trustee shall allocate to income an amount received as a\ndistribution of income from a trust or an estate in which the trust has\nan interest other than a purchased interest, and shall allocate to\nprincipal an amount received as a distribution of principal from such a\ntrust or estate. If a trustee purchases an interest in a trust that is\nan investment entity, or a decedent or donor transfers an interest in\nsuch a trust to a trustee, 11-A-4.1 or 11-A-4.15 applies to a receipt\nfrom the trust.\n

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§ 11-A-4.2 Distribution from trust or estate\n A trustee shall allocate to income an amount received as a\ndistribution of income from a trust or an estate in which the trust has\nan interest other than a purchased interest, and shall allocate to\nprincipal an amount received as a distribution of principal from such a\ntrust or estate. If a trustee purchases an interest in a trust that is\nan investment entity, or a decedent or donor transfers an interest in\nsuch a trust to a trustee, 11-A-4.1 or 11-A-4.15 applies to a receipt\nfrom the trust.\n