West Virginia Statutes
§ 44B-4-402 — Distribution from trust or estate
West Virginia § 44B-4-402
JurisdictionWest Virginia
Ch. 44BUNIFORM PRINCIPAL AND INCOME ACT
Art. 4ALLOCATION OF RECEIPTS DURING ADMINISTRATION OF TRUST
This text of West Virginia § 44B-4-402 (Distribution from trust or estate) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
W. Va. Code § 44B-4-402 (2026).
Text
A trustee shall allocate to income an amount received as a distribution of income from a trust or an estate in which the trust has an interest other than a purchased interest, and shall allocate to principal an amount received as a distribution of principal from such a trust or estate. If a trustee purchases an interest in a trust that is an investment entity, or a decedent or donor transfers an interest in such a trust to a trustee, section four hundred one or four hundred fifteen of this article applies to a receipt from the trust.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
2000 Reg. Sess., HB4494
Nearby Sections
15
§ 44B-1-101
Short title§ 44B-1-102
Definitions§ 44B-1-103
Fiduciary duties; general principles§ 44B-1-104
Trustee's power to adjust§ 44B-1-104a
Total return unitrust§ 44B-1-105
Trustee's right to give notice§ 44B-2-201
Determination and distribution of net income§ 44B-3-301
When right to income begins and ends§ 44B-3-303
Apportionment when income interest ends§ 44B-4-401
Character or receipts§ 44B-4-402
Distribution from trust or estate§ 44B-4-404
Principal receiptsCite This Page — Counsel Stack
Bluebook (online)
West Virginia § 44B-4-402, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/44B/44B-4-402.