(a) In this section, “liquidating asset” means an asset whose value will diminish or terminate because the asset is expected to produce receipts for a period of limited duration. The term includes a leasehold, patent, copyright, royalty right and right to receive payments during a period of more than one year under an arrangement that does not provide for the payment of interest on the unpaid balance. The term does not include a payment subject to section 45a-542q , resources subject to section 45a-542s , timber subject to section 45a-542t , an activity subject to section 45a-542v , an asset subject to section 45a-542w , or any asset for which the trustee establishes a reserve for depreciation under section 45a-542z .
(b) A trustee shall allocate to income ten per cent of the receipts from a liquidating asset and the balance to principal.