There is a newer version
of
the New York Laws
2021 New York Laws
EPT - Estates, Powers and Trusts
Article 11-A - Uniform Principal and Income Act
Part 6 - Miscellaneous Provisions
11-A-6.4 - Application of Article
Universal Citation: NY Est Pow & Trusts L § 11-A-6.4 (2021)
§ 11-A-6.4 Application of articleExcept as specifically provided in the trust instrument, the will, or in this article, this article shall apply to any receipt or expense received or incurred on or after its effective date by any trust or decedent's estate established before, on or after its effective date and whether the asset involved was acquired by the trustee before, on or after its effective date, except that this article shall not apply to a trust while any current beneficiary is interested in a unitrust amount pursuant to subparagraph 11-2.4(b)(1); but it does apply with respect to assets to which such a unitrust may become entitled but prior to their actual receipt into the unitrust.
Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
