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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

§ 16327

California Probate Code · 2018-11 edition · updated 2026-10-04 · California

“Mandatory income interest” means the right of an income beneficiary to receive net income that the trust requires the fiduciary to distribute.

(Added by Stats. 1999, Ch. 145, Sec. 5. Effective January 1, 2000.)

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