KRS 386.482: Receipts from liquidating assets.

(1) In this section, "liquidating asset" means an asset whose value will diminish or

terminate because the asset is expected to produce receipts for a period of limited

duration. The term includes a leasehold, patent, copyright, royalty right, and right to

receive payments during a period of more than one (1) year under an arrangement

that shall not provide for the payment of interest on the unpaid balance. The term

shall not include an activity subject to KRS 386.470(6), payment subject to KRS

386.480, resources subject to KRS 386.484, timber subject to KRS 386.486, or any

asset for which the trustee establishes a reserve for depreciation under KRS

386.494.

(2) A trustee shall allocate to income ten percent (10%) of the receipts from a

liquidating asset and the balance to principal.