{"data":{"id":"us-ga/o.c.g.a.-53-12-411","jurisdiction":"us-ga","citation":"O.C.G.A. § 53-12-411","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 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 trust to a trustee, Code Section 53-12-410 or 53-12-431 shall apply to a receipt from the trust.","path":["TITLE 53 Wills, Trusts, and Administration of Estates","CHAPTER 12 Trusts","Article 17 Georgia Principal and Income Act","PART 4 Allocation of Receipts During Administration of Trust","Subpart 1 Receipts from Entities"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.53.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:58Z","sha256":"02e0c7505f88292d17be1cecfeaaaadffb8b40869b6e5d635cd1d898f89ca1dc","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-53-12-410","next":"us-ga/o.c.g.a.-53-12-412"},"notice":"GroundRules: Original legal text. Not legal advice."}