{"data":{"id":"us-sc/s.c.-code-ann.-62-7-911","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 62-7-911","heading":"Allocations of income and principal received from a trust or an 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, Section 62-7-910 or 62-7-924 applies to a receipt from the trust.","path":["Title 62 - SOUTH CAROLINA PROBATE CODE","ARTICLE 7 South Carolina Trust Code","Part 9 South Carolina Uniform Principal and Income Act"],"source_url":"https://www.scstatehouse.gov/code/t62c007.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T08:08:54Z","sha256":"7483b3d6048de3ff4bc0242d2da03c56da502aedd881a353a89a6116b9bb5b9b","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-62-7-910","next":"us-sc/s.c.-code-ann.-62-7-912"},"notice":"GroundRules: Original legal text. Not legal advice."}