RCW 11.104B.210
109 words·~1 min read·
/wa/title-11/chapter-11-104b/11-104b-210·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A fiduciary shall allocate to income an amount received as a distribution of income, including a unitrust distribution under Article 3 of this chapter, from a trust or estate in which the fiduciary has an interest, other than an interest the fiduciary purchased in a trust that is an investment entity, and shall allocate to principal an amount received as a distribution of principal from the trust or estate. If a fiduciary purchases, or receives from a settlor, an interest in a trust that is an investment entity, RCW 11.104B.200 , 11.104B.340 , or 11.104B.350 applies to a receipt from the trust.
[ 2021 c 140 s 2402 .]