Part 9 - SOUTH CAROLINA UNIFORM PRINCIPAL AND INCOME ACT; SOUTH CAROLINA UNIFORM PRUDENT INVESTOR ACT
- Section 62-7-901 - Short title
- Section 62-7-902 - Definitions
- Section 62-7-903 - Allocation of receipts and disbursements
- Section 62-7-904 - Adjustments between principal and income
- Section 62-7-904A - Judicial control of discretionary power
- Section 62-7-904B - Definitions for Sections 62-7-904C through 62-7-904P
- Section 62-7-904C - Trustee's power to convert an income trust to a total return unitrust, reconvert a total return unitrust to an income trust, or change the percentage used to calculate the unitrust amount
- Section 62-7-904D - Petition by trustee or qualified beneficiary to convert an income trust, reconvert a total return unitrust, or change the percentage used to calculate the unitrust amount
- Section 62-7-904E - Fair market value of trust assets
- Section 62-7-904F - Administration of a total return unitrust
- Section 62-7-904G - Distribution of unitrust amount considered distribution of income and not of principal
- Section 62-7-904H - Limitation of liability
- Section 62-7-904I - Applicability of Sections 62-7-904B through 62-7-904P
- Section 62-7-904M - Unitrust amount to be distributed by the express total return unitrust
- Section 62-7-904N - Distribution from an express total return unitrust
- Section 62-7-904O - Express total return unitrust governing instrument; changing the unitrust percentage; converting from a unitrust to an income trust; reconversion of an income trust to a unitrust
- Section 62-7-904P - Trustee considerations for unitrust amount paid
- Section 62-7-905 - Determinations of income and principal; distributions upon death or end of an income interest in a trust
- Section 62-7-906 - Determination and distribution of net income
- Section 62-7-907 - Beginning and end of income interests
- Section 62-7-908 - Allocation of income receipts and disbursements
- Section 62-7-909 - Undistributed income
- Section 62-7-910 - Allocation of receipts from an entity to principal or income
- Section 62-7-911 - Allocations of income and principal received from a trust or an estate
- Section 62-7-912 - Separate accounting for a business activity
- Section 62-7-913 - Allocations to principal
- Section 62-7-914 - Accounting for receipts from rental property
- Section 62-7-915 - Allocation of interest as income and proceeds from disposition of an obligation as principal; exceptions
- Section 62-7-916 - Allocation of proceeds of insurance contracts; exception
- Section 62-7-917 - Insubstantial allocations
- Section 62-7-918 - Allocation of payments; interest, dividends, or payments
- Section 62-7-919 - Liquidating assets
- Section 62-7-920 - Allocation of receipts from interests in minerals or other natural resources
- Section 62-7-921 - Allocation of receipts from sale of timber and related products
- Section 62-7-922 - Marital deduction adjustments
- Section 62-7-923 - Allocation of derivatives; options
- Section 62-7-924 - Allocation of payments related to asset-backed securities
- Section 62-7-925 - Disbursements from income
- Section 62-7-926 - Disbursements from principal
- Section 62-7-927 - Transfer to principal of cash receipts from asset subject to depreciation
- Section 62-7-928 - Future principal disbursements reserves
- Section 62-7-929 - Payment of taxes from income and principal
- Section 62-7-930 - Certain adjustments between principal and income; reduction of marital deduction or charitable contribution deduction
- Section 62-7-931 - Application and construction of Uniform Principal and Income Act
- Section 62-7-933 - Uniform Prudent Investor Act