Chapter 129  Uniform Principal and Income Act

1293080 Apia 101. Short Title

§ 129.205 APIA 102. Definitions
§ 129.210 APIA 103. Fiduciary duties
§ 129.215 APIA 104. Trustees power to adjust
§ 129.220 APIA 105. Judicial control of discretionary power
§ 129.225 Conversion to unitrust

Decedents Estate Or Terminating Income Interest

§ 129.250 UPIA 201. Determination and distribution of net income
§ 129.255 UPIA 202. Distribution to residuary and remainder beneficiaries

Apportionment At Beginning And End Of Income Interest

§ 129.270 UPIA 301. When right to income begins and ends
§ 129.275 UPIA 302. Apportionment of receipts and disbursements when decedent dies or income interest begins
§ 129.280 UPIA 303. Apportionment when income interest ends

Allocation Of Receipts During Administration Of Trust

(Receipts From Entities)

§ 129.300 UPIA 401. Character of receipts
§ 129.305 UPIA 402. Distribution from trust or estate
§ 129.308 UPIA 403. Business and other activities conducted by trustee

(Receipts Not Normally Apportioned)

§ 129.310 UPIA 404. Principal receipts
§ 129.315 UPIA 405. Rental property
§ 129.320 UPIA 406. Obligation to pay money
§ 129.325 UPIA 407. Insurance policies and similar contracts

(Receipts Normally Apportioned)

§ 129.350 UPIA 408. Insubstantial allocations not required
§ 129.355 UPIA 409. Deferred compensation, annuities and similar payments
§ 129.360 UPIA 410. Liquidating asset
§ 129.365 UPIA 411. Minerals, water and other natural resources
§ 129.370 UPIA 412. Timber
§ 129.375 UPIA 413. Property not productive of income
§ 129.380 UPIA 414. Derivatives and options
§ 129.385 UPIA 415. Asset-backed securities

Allocation Of Disbursements During Administration Of Trust

§ 129.400 UPIA 501. Disbursements from income
§ 129.405 UPIA 502. Disbursements from principal
§ 129.410 UPIA 503. Transfers from income to principal for depreciation
§ 129.415 UPIA 504. Transfers from income to reimburse principal
§ 129.420 UPIA 505. Income taxes
§ 129.425 UPIA 506. Adjustments between principal and income because of taxes

Uniformity Of Application

§ 129.450 UPIA 601. Uniformity of application and construction

Definitions And Fiduciary Duties

129.200 Upia 101. Short Title. This Chapter May Be Cited As The Uniform Principal And Income Act. [2003 C.279 &Sect;1]

Note: Section 34, Chapter 279, Oregon Laws 2003, Provides:

Sec. 34. Except As May Be Expressly Provided In A Will Or In The Terms Of A Trust Or In Sections 1 To 31 Of This 2003 Act [Ors Chapter 129], Sections 1 To 31 Of This 2003 Act Apply To The Administration Of All Trusts And Estates, Whether Coming Into Exist