DIVISION 9. TRUST LAW 15000-19403›PART 4. TRUST ADMINISTRATION 16000-16504›CHAPTER 3. Uniform Principal and Income Act 16320-16375›ARTICLE 1. Short Title and Definitions 16320-16328
§ 16326
California Probate Code · 2018-11 edition · updated 2026-10-04 · California
“Income interest” means the right of an income beneficiary to receive all or part of net income, whether the trust requires it to be distributed or authorizes it to be distributed in the trustee’s discretion.
(Added by Stats. 1999, Ch. 145, Sec. 5. Effective January 1, 2000.)
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