Statute · New York Estates, Powers & Trusts Law
N.Y. Est. Powers & Trusts Law § 9-2.3 — Undistributed income
N.Y. Est. Powers & Trusts Law § 9-2.3
- Type
- Statute
- Source
- New York Estates, Powers & Trusts Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 9-2.3 Undistributed income
Citator
N.Y. Est. Powers & Trusts Law § 9-2.3 — Undistributed income is in force in the current edition of the Code, and nothing recorded condemns it.
§ 9-2.3 Undistributed income
When income is not disposed of and no valid direction is given for its accumulation it passes to the persons presumptively entitled to the next eventual estate.