Section 1 - Short title

Section 2 - Definitions

Section 3 - Fiduciary duties; general principles

Section 4 - Trustee’s power to adjust

Section 5 - Judicial control of discretionary powers

Section 6 - Determination and distribution of net income

Section 7 - Distribution to residuary and remainder beneficiaries

Section 8 - When right to income begins and ends

Section 8A - Apportionment of receipts and disbursements when decedent dies or income interest begins

Section 9 - Apportionment when income interest ends

Section 10 - Character of receipts

Section 11 - Distribution from trust or estate

Section 12 - Business and other activities conducted by trustee

Section 13 - Principal receipts

Section 14 - Rental property

Section 15 - Obligation to pay money

Section 16 - Insurance policies and similar contracts

Section 17 - Insubstantial allocations not required

Section 18 - Deferred compensation, annuities and similar payments

Section 19 - Liquidating asset

Section 20 - Minerals, water, and other natural resources

Section 21 - Timber

Section 22 - Property not productive of income

Section 23 - Derivatives and options

Section 24 - Asset-backed securities

Section 25 - Disbursements from income

Section 26 - Disbursements from principal

Section 27 - Transfers from income to principal for depreciation

Section 28 - Transfers from income to reimburse principal

Section 29 - Income taxes