Pennsylvania Consolidated Statutes (Last Updated: January 27, 2015) |
Title20 DECEDENTS, ESTATES AND FIDUCIARIES |
CHAPTER81. PRINCIPAL AND INCOME |
SUBCHAPTERE. ALLOCATION OF DISBURSEMENTS DURING ADMINISTRATION OF TRUST |
§8161. Mandatory disbursements from income.
Latest version.
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A trustee shall make the following disbursements from income:
(1) Interest, except interest on death taxes.
(2) Ordinary repairs.
(3) Real estate and other regularly recurring taxes assessed against principal.
(4) Recurring premiums on fire or other insurance covering the loss of a principal asset or the loss of income from or use of the asset.
Notation
Cross References. Section 8161 is referred to in sections 8162, 8163, 8165 of this title.