Allocation of Disbursements

This is the 2025 edition of the code. There is not the current edition. Browse all editions.

This is Article 7 of the Code of Virginia, titled “Allocation of Disbursements.” It is part of Chapter 10.1 “Uniform Fiduciary Income And Principal Act”, which is part of Subtitle III “Trusts”, which is part of Title 64.2 “Wills, Trusts, and Fiduciaries”.

It’s comprised of the following 7 sections.

§ 64.2-1064	Disbursement from income
§ 64.2-1065	Disbursement from principal
§ 64.2-1066	Transfer from income to principal for depreciation
§ 64.2-1067	Reimbursement of income from principal
§ 64.2-1068	Reimbursement of principal from income
§ 64.2-1069	Income taxes
§ 64.2-1070	Adjustment between income and principal because of taxes