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Uniform Fiduciary Income and Principal Act.

It became law on Jun 29, 2023.

CA SB 522 · Senate Bill · 2023–2024

Stage
Became law
Started in
Senate
Sponsor
1
Latest action
Jun 29, 2023

What it does

Existing law, the Uniform Principal and Income Act, generally sets forth the powers and duties of a fiduciary of a trust. These powers and duties are related to, among other matters, the allocation of receipts and disbursements between principal and income, making adjustments between principal and income, and converting a trust to a unitrust.

Read the full text

Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Jun 29, 2023

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

Uniform Fiduciary Income and Principal Act. | 52