P.R. Laws tit. 32, § 3353h
2019-02-20 00:00:00+00
Income beneficiaries are entitled to such income as of the date set by the trustor in the trust instrument or, if such a date has not been set, as of the date in which the property becomes part of the trust principal.
Upon termination of his right to trust income, such beneficiary or his heirs shall be entitled to:
(a) Undistributed income as of the date of termination;
(b) income owed but not paid to the trustee as of the date of termination; and
(c) income in periodic payments, other than corporate distributions, such as rent, interests, and annuities not yet due as of the date of termination and earned on a day-to-day basis.
History —Aug. 31, 2012, No. 219, § 42.