California Laws: Civil Code Sections 731-731.15
- California Laws: Civil Code Section 731
This chapter may be cited as the Legal Estates Principal and Income Law. ...
- California Laws: Civil Code Section 731.01
Nothing in this chapter shall affect the provisions of the Personal Income Tax Law and the Bank and Corporation Tax Law. ...
- California Laws: Civil Code Section 731.02
This chapter shall apply to all transactions by which a principal was established without the interposition of a trust on or after September 13, 1941,...
- California Laws: Civil Code Section 731.03
(a) "Principal" as used in this chapter means any realty or personalty which has been so set aside or limited by the owner thereof or...
- California Laws: Civil Code Section 731.04
This chapter shall govern the ascertainment of income and principal and the apportionment of receipts and expenses between tenants and remaindermen in all cases where...
- California Laws: Civil Code Section 731.05
(a) All receipts of money or other property paid or delivered as rent of realty or hire of personalty, or interest on money loaned, or...
- California Laws: Civil Code Section 731.06
Whenever a tenant's right to income shall cease by death, or in any other manner, all payments theretofore actually paid to the tenant shall belong...
- California Laws: Civil Code Section 731.07
(a) All dividends on shares of a corporation forming a part of the principal which are payable (1) In shares of the declaring corporation of...
- California Laws: Civil Code Section 731.08
Where any part of the principal consists of bonds or other obligations for the payment of money, they shall be deemed principal at their inventory...
- California Laws: Civil Code Section 731.09
(a) Whenever a tenant is authorized by the terms of the transaction by which the principal was established or by law, to use any part...
- California Laws: Civil Code Section 731.10
Where any part of the principal consists of animals employed in business, the provisions of Section 731.09 shall apply; and in other cases where the...
- California Laws: Civil Code Section 731.11
(a) Where any part of the principal consists of property in lands from which may be taken timber, minerals, oils, gas, or other natural resources,...
- California Laws: Civil Code Section 731.12
Where any part of the principal consists of property subject to depletion, such as leaseholds, patents, copyrights, and royalty rights, and the tenant in possession...
- California Laws: Civil Code Section 731.13
(a) Where any part of a principal in the possession of a tenant consists of realty or personalty which for more than a year and...
- California Laws: Civil Code Section 731.14
(a) Where any part of the principal in possession of the tenant consists of an obligation for the payment of money secured by a mortgage...
- California Laws: Civil Code Section 731.15
(a) All ordinary expenses incurred in connection with the principal or with its administration and management, including regularly recurring taxes assessed against any portion of...