Title 16101 · CA
California Code, PROB 16101.
Citation: Cal. § PROB-16101
Section: PROB-16101
California Code, PROB 16101.
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Probate Code - PROB
DIVISION 9. TRUST LAW [15000 - 19530] Â Â ( Division 9 enacted by Stats. 1990, Ch. 79. ) Â Â PART 4. TRUST ADMINISTRATION [16000 - 16632] Â Â ( Part 4 enacted by Stats. 1990, Ch. 79. ) Â Â CHAPTER 1. Duties of Trustees [16000 - 16110] Â Â ( Chapter 1 enacted by Stats. 1990, Ch. 79. ) Â Â
ARTICLE 5. Duties of Trustees of Private Foundations, Charitable Trusts, and Split-Interest Trusts [16100 - 16105] Â Â ( Article 5 enacted by Stats. 1990, Ch. 79. )
  16101.  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. (Enacted by Stats. 1990, Ch. 79.)