8161 - Mandatory disbursements from income.
SUBCHAPTER E ALLOCATION OF DISBURSEMENTS DURING ADMINISTRATION OF TRUST Sec. 8161. Mandatory disbursements from income. 8162. Mandatory disbursements from principal. 8163. Discretionary allocation of disbursements. 8164. Transfers from income to principal for depreciation. 8165. Transfers from income to reimburse principal. 8166. Income taxes. 8167. Adjustments between principal and income because of taxes. Cross References. Subchapter E is referred to in sections 8121, 8149 of this title. § 8161. Mandatory disbursements from income. A trustee shall make the following disbursements from income: (1) Interest, except interest on death taxes. (2) Ordinary repairs. (3) Real estate and other regularly recurring taxes assessed against principal. (4) Recurring premiums on fire or other insurance covering the loss of a principal asset or the loss of income from or use of the asset. Cross References. Section 8161 is referred to in sections 8162, 8163, 8165 of this title.