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2019 Statute

Section Number

58-9,101 - Short title.
58-9,102 - Definitions.
58-9,103 - Fiduciary duties; general principles.
58-9,104 - Trustee's power to adjust.
58-9,105 - Conversion of trust into unitrust; exceptions.
58-9,106 - Income standard, no presumption concerning fiduciary duty.
58-9,201 - Determination and distribution of net income.
58-9,202 - Distribution to residuary and remainder beneficiaries.
58-9,301 - When right to income begins and ends.
58-9,302 - Apportionment of receipts and disbursements when decedent dies or income interest begins.
58-9,303 - Apportionment when income interest ends.
58-9,401 - Character of receipts.
58-9,402 - Distribution from trust or estate.
58-9,403 - Business and other activities conducted by trustee.
58-9,404 - Principal receipts.
58-9,405 - Rental property.
58-9,406 - Obligation to pay money.
58-9,407 - Insurance policies and similar contracts.
58-9,408 - Insubstantial allocations not required.
58-9,409 - Deferred compensation, annuities and similar payments.
58-9,410 - Liquidating asset.
58-9,411 - Minerals, water and other natural resources.
58-9,412 - Timber.
58-9,413 - Property not productive of income.
58-9,414 - Derivatives and options.
58-9,415 - Asset-backed securities.
58-9,501 - Disbursements from income.
58-9,502 - Disbursements from principal.
58-9,503 - Transfers from income to principal for depreciation.
58-9,504 - Transfers from income to reimburse principal.
58-9,505 - Income taxes.
58-9,506 - Adjustments between principal and income because of taxes.
58-9,601 - Application of act.
58-9,602 - Uniformity of application and construction.
58-9,603 - Severability clause.
58-9,606 - Transitional matters.