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Title 18-C, Article 7: TRUST ADMINISTRATION
Part 1: POWERS OF TRUSTEES
18-C §7-101. Prohibitions and requirements applicable to trusts that are private foundations
18-C §7-102. Trustees authorized to invest trust funds in affiliated investments; limitations
18-C §7-103. Qualification of foreign trustee
Part 2: COMMON TRUST FUNDS
18-C §7-201. Definitions; establishment of common trust funds
18-C §7-202. Court accountings
18-C §7-203. Application of Part
Part 3: BANK AND TRUST COMPANY NOMINEES
18-C §7-301. Registration in name of nominees
18-C §7-302. Separate records
18-C §7-303. Applicability of provisions
Part 4: UNIFORM PRINCIPAL AND INCOME ACT OF 1997
Subpart 1: DEFINITIONS AND FIDUCIARY DUTIES
18-C §7-401. Short title
18-C §7-402. Definitions
18-C §7-403. Fiduciary duties; general principles
18-C §7-404. Trustee's power to adjust
18-C §7-405. Power to convert to unitrust
18-C §7-406. Judicial review of discretionary powers
Subpart 2: DECEDENT'S ESTATE OR TERMINATING INCOME INTEREST
18-C §7-421. Determination and distribution of net income
18-C §7-422. Distribution to residuary and remainder beneficiaries
Subpart 3: APPORTIONMENT AT BEGINNING AND END OF INCOME INTEREST
18-C §7-431. When right to income begins and ends
18-C §7-432. Apportionment of receipts and disbursements when decedent dies or income interest begins
18-C §7-433. Apportionment when income interest ends
Subpart 4: ALLOCATION OF RECEIPTS DURING ADMINISTRATION OF TRUST
18-C §7-441. Character of receipts
18-C §7-442. Distribution from trust or estate
18-C §7-443. Business and other activities conducted by trustee
18-C §7-444. Principal receipts
18-C §7-445. Rental property
18-C §7-446. Obligation to pay money
18-C §7-447. Insurance policies and similar contracts
18-C §7-448. Insubstantial allocations not required
18-C §7-449. Deferred compensation, annuities and similar payments
18-C §7-450. Liquidating asset
18-C §7-451. Minerals, water and other natural resources
18-C §7-452. Timber
18-C §7-453. Property not productive of income
18-C §7-454. Derivatives and options
18-C §7-455. Asset-backed securities
Subpart 5: ALLOCATION OF DISBURSEMENTS DURING ADMINISTRATION OF TRUST
18-C §7-461. Disbursements from income
18-C §7-462. Disbursements from principal
18-C §7-463. Transfers from income to principal for depreciation
18-C §7-464. Transfers from income to reimburse principal
18-C §7-465. Income taxes
18-C §7-466. Adjustments between principal and income because of taxes
Subpart 6: MISCELLANEOUS PROVISIONS
18-C §7-471. Uniformity of application and construction
18-C §7-472. Application of Part to all trusts and estates
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