California Probate Code

§ 16101

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

PROB § 16101Div. 9 · Part 4 · Ch. 1 · Art. 5

Statute text

View on leginfo.ca.gov

During any period when a trust is deemed to be a charitable trust or a private foundation, the trustee shall distribute its income for each taxable year (and principal if necessary) at a time and in a manner that will not subject the property of the trust to tax under Section 4942 of the Internal Revenue Code.

Legislative history

Enacted by Stats. 1990, Ch. 79.