Article

Revised Uniform Principal and Income Act

A.R.S. § 14-7401— Definitions
A.R.S. § 14-7402— Fiduciary duties; general principles
A.R.S. § 14-7403— Trustee's power to adjust
A.R.S. § 14-7404— Judicial control of discretionary powers
A.R.S. § 14-7405— Determination and distribution of net income
A.R.S. § 14-7406— Distribution to residuary and remainder beneficiaries
A.R.S. § 14-7407— When right to income begins and ends
A.R.S. § 14-7408— Apportionment of receipts and disbursements when decedent dies or income interest begins
A.R.S. § 14-7409— Apportionment when income interest ends; definition
A.R.S. § 14-7410— Character of receipts; definition
A.R.S. § 14-7411— Distribution from trust or estate
A.R.S. § 14-7412— Business and other activities conducted by trustee
A.R.S. § 14-7413— Principal receipts
A.R.S. § 14-7414— Rental property
A.R.S. § 14-7415— Obligation to pay money
A.R.S. § 14-7416— Insurance policies and similar contracts
A.R.S. § 14-7417— Insubstantial allocations not required
A.R.S. § 14-7418— Deferred compensation, annuities and similar payments; definition
A.R.S. § 14-7419— Liquidating assets; definition
A.R.S. § 14-7420— Minerals, water and other natural resources
A.R.S. § 14-7421— Timber
A.R.S. § 14-7422— Property not productive of income
A.R.S. § 14-7423— Derivatives and options; definition
A.R.S. § 14-7424— Asset-backed securities; definition
A.R.S. § 14-7425— Disbursements from income
A.R.S. § 14-7426— Disbursements from principal
A.R.S. § 14-7427— Transfers from income to principal for depreciation; definition
A.R.S. § 14-7428— Transfers from income to reimburse principal
A.R.S. § 14-7429— Income taxes
A.R.S. § 14-7430— Adjustments between principal and income because of taxes
A.R.S. § 14-7431— Proposed actions; notification; definition