Mass. Gen. Laws ch. 203D § 28

Current through Chapter 223 of the 2024 Legislative Session

Section 203D:28 - Transfers from income over time

If an amount chargeable to income is unusually large, a trustee may pay all or any part of such amount from principal and shall reimburse principal by transfers from income over a reasonable period of time.

Mass. Gen. Laws ch. 203D, § 28

Added by Acts 2005, c. 129,§ 4, eff. 1/1/2006.

See Acts 2005, c. 129, § 6.