ARTICLE 1. General Provisions and Definitions [16320. - 16323.]
Article 1 added by Stats. 2023, Ch. 28, Sec. 2.
§§ 16320–16323 · 4 sections
- § 16320 This section shall be known, and may be cited, as the Uniform Fiduciary Income and Principal Act.
- § 16321 The following definitions apply for purposes of this chapter: (a) “Accounting period” means a calendar year, unless a fiduciary selects another period of 12…
- § 16322 Except as otherwise provided in the terms of a trust or this chapter, this chapter applies to the following: (a) A trust or an estate. (b) A life estate or…
- § 16323 Except as otherwise provided in the terms of a trust or this chapter, this chapter applies when this state is the principal place of administration of a trust…