Allocation of Receipts: Receipts from Entity

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This is Article 4 of the Code of Virginia, titled “Allocation of Receipts: Receipts from Entity.” 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 contains 3 laws.

It’s comprised of the following 3 sections.

§ 64.2-1048 Character of receipts from entity
§ 64.2-1049 Distribution from trust or estate
§ 64.2-1050 Business or other activity conducted by fiduciary