Wherever a charge that is properly allocable to income has been made or is expected to be made from principal because of the unusually large nature of the charge or otherwise, the trustee may transfer an appropriate amount from income to principal in one or more accounting periods to reimburse principal or to provide a reserve for future principal disbursements.
Section: Previous 53-12-450 53-12-451 53-12-452 53-12-453 53-12-454 53-12-455 NextLast modified: October 14, 2016