GroundRules
PROB § 16367
Where this section sits in the code
- Probate Code - PROB
- DIVISION 9. TRUST LAW [15000. - 19530.]
- PART 4. TRUST ADMINISTRATION [16000. - 16632.]
- CHAPTER 3. Uniform Fiduciary Income and Principal Act [16320. - 16383.]
- ARTICLE 5. Allocation of Disbursements [16360. - 16367.]
Unless otherwise provided by the governing instrument, determined by the trustee, or ordered by the court, distributions to beneficiaries shall be considered paid in the following order from the following sources:
(a) From net taxable income other than capital gains.
(b) From net realized short-term capital gains.
(c) From net realized long-term capital gains.
(d) From tax-exempt and other income.
(e) From principal of the trust.
Collected 2026-09-14T05:56:33Z. Source file · JSON