{"data":{"id":"us-de/12-del.-c.-61-402","jurisdiction":"us-de","citation":"12 Del. C. § 61-402","heading":"Distribution from trust or estate.","body":"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, § 61-401 or § 61-415 of this title applies to a receipt from the trust.","path":["Title 12. Decedents’ Estates and Fiduciary Relations","Allocation of Principal and Income","CHAPTER 61. Delaware Uniform Principal and Income Act","Subchapter IV. Allocation of Receipts During Administration of Trust"],"source_url":"https://delcode.delaware.gov/title12/c061/sc04/index.html#61-402","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:16Z","sha256":"99a7240f0d0314d8672ed39d54b0c74df9eaae9c5ce8835fa5f1e7d500d16fe3","source_id":"us-de","stale":true,"prev":"us-de/12-del.-c.-61-401","next":"us-de/12-del.-c.-61-403"},"notice":"GroundRules: Original legal text. Not legal advice."}