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The Laws of New York
Consolidated Laws of New York
CHAPTER 17-B
Estates, Powers & Trusts
ARTICLE 9
Perpetuities and Accumulations
PART 2
Accumulations
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SECTION 9-2.2
Anticipation of directed accumulation
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PART 2
Accumulations
This entry was published on 2014-09-22
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SECTION 9-2.3
Undistributed income
Estates, Powers & Trusts (EPT) CHAPTER 17-B, ARTICLE 9, PART 2
§ 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.