2018 New York Laws
EPT - Estates, Powers and Trusts
Article 9 - Perpetuities and Accumulations
Part 2 - Accumulations
9-2.3 - Undistributed Income
§ 9-2.3 Undistributed income
When income is not disposed of and no valid direction is given for its accumulation it passes to the persons presumptively entitled to the next eventual estate.
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