GENERAL LAWS OF MASSACHUSETTS

CHAPTER 203D. PRINCIPAL AND INCOME

Chapter 203D: Section 1. Short title

Chapter 203D: Section 2. Definitions

Chapter 203D: Section 3. Administration of trust by fiduciary

Chapter 203D: Section 4. Adjustments by trustee

Chapter 203D: Section 5. Judicial review of actions taken by trustee in exercise of discretionary power

Chapter 203D: Section 6. Death of decedent or end of income interest; distribution of net income and net principal by fiduciary

Chapter 203D: Section 7. Beneficiaries' share of net income

Chapter 203D: Section 8. Determination of income interest; assets subject to trust; assets subject to successive income interest

Chapter 203D: Section 8A. Allocation of income receipt or disbursement; due date of income or obligation

Chapter 203D: Section 9. Distribution upon end of mandatory income interest; payment of fixed annuity or fixed fraction of trust assets

Chapter 203D: Section 10. Allocation of money received from entity to income or principal

Chapter 203D: Section 11. Allocation to income or principal of amount received from trust or estate distribution

Chapter 203D: Section 12. Separate accounting records

Chapter 203D: Section 13. Allocation to principal of certain amounts

Chapter 203D: Section 14. Rental property; accounting for receipts

Chapter 203D: Section 15. Interest received on obligations to trustee

Chapter 203D: Section 16. Proceeds from life insurance and other contracts with trust as beneficiary; allocation to principal or income

Chapter 203D: Section 17. Insubstantial allocation between principal and income

Chapter 203D: Section 18. Interest or dividends; allocation to income or principal

Chapter 203D: Section 19. Receipts from liquidated assets; allocation to income and principal

Chapter 203D: Section 20. Mineral and natural resource receipts; allocation to income and principal

Chapter 203D: Section 21. Timber receipts; allocation to income and principal

Chapter 203D: Section 22. Marital deduction; requiring trustee to make property productive of income or to convert property

Chapter 203D: Section 23. Disbursements from transactions in derivatives; options to buy trust property; allocation to principal

Chapter 203D: Section 24. Financial assets; allocation of payments to trust

Chapter 203D: Section 25. Disbursements from income

Chapter 203D: Section 26. Disbursements from principal

Chapter 203D: Section 27. Depreciable principal assets

Chapter 203D: Section 28. Payment of amount chargeable to income from principal; reimbursement

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