Article

Allocation of Disbursements During Administration of Trust

N.C. Gen. Stat. § 37A-5-501— Disbursements from income
N.C. Gen. Stat. § 37A-5-502— Disbursements from principal
N.C. Gen. Stat. § 37A-5-503— Transfers from income to principal for depreciation
N.C. Gen. Stat. § 37A-5-504— Transfers from income to reimburse principal
N.C. Gen. Stat. § 37A-5-505— Income taxes
N.C. Gen. Stat. § 37A-5-506— Adjustments between principal and income because of taxes