reglab/housing_qa huggingface dataset:
20 PA Cons Stat § 8154 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8154 - Derivatives and options

§ 8154. Derivatives and options. (a) Derivatives.--To the extent that a trustee does not account under section 8143 (relating to business and other activities conducted by trustee) for transactions in derivatives, the trustee shall allocate to principal receipts from and disbursements made in connection with those transactions.  (b) Options.--If a trustee grants an option to buy property from the trust, whether or not the trust owns the property when the option is granted, grants an option that permits another person to sell property to the trust or acquires an option to buy property for the trust or an option to sell an asset owned by the trust, and the trustee or other owner of the asset is required to deliver the asset if the option is exercised, an amount received for granting the option must be allocated to principal. An amount paid to acquire the option must be paid from principal. A gain or loss realized upon the exercise of an option, including an option granted to a settlor or testator of the trust for services rendered, must be allocated to principal.  (c) Definition.--As used in this section, "derivative" means a contract or financial instrument or a combination of contracts and financial instruments which gives a trust the right or obligation to participate in some or all changes in the price of a tangible or intangible asset or group of assets, or changes in a rate, an index of prices or rates, or other market indicator for an asset or a group of assets.    Cross References. Section 8154 is referred to in sections 8143, 8144, 8146, 8150 of this title.
20 PA Cons Stat § 8155 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8155 - Asset-backed securities

§ 8155. Asset-backed securities. (a) General rule.--If a trust receives a payment from interest or other current return and from other proceeds of the collateral financial assets:  (1) The trustee shall allocate to income the portion of the payment which the payor identifies as being from interest or other current return.  (2) The trustee shall allocate the balance of the payment to principal. (b) Allocation where liquidating trust's interest in security.-- (1) If a trust receives one or more payments in exchange for the trust's entire interest in an asset-backed security in one accounting period, the trustee shall allocate the payments to principal.  (2) If a payment is one of a series of payments which will result in the liquidation of the trust's interest in the security over more than one accounting period, the trustee shall allocate:  (i) ten percent of the payment to income; and (ii) the balance to principal. (c) Definition.--As used in this section, the term "asset-backed security" means an asset the value of which is based upon the right it gives the owner to receive distributions from the proceeds of financial assets which provide collateral for the security. The term includes an asset which gives the owner the right to receive from the collateral financial assets only the interest or other current return or only the proceeds other than interest or current return. The term does not include an asset to which section 8141 (relating to character of receipts) or 8149 (relating to retirement benefits, individual retirement accounts, deferred compensation, annuities and similar payments) applies.    Cross References. Section 8155 is referred to in sections 8141, 8142, 8144, 8146, 8148, 8150 of this title.
20 PA Cons Stat § 8161 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8161 - Mandatory disbursements from income

§ 8161. Mandatory disbursements from income. A trustee shall make the following disbursements from income: (1) Interest, except interest on death taxes. (2) Ordinary repairs. (3) Real estate and other regularly recurring taxes assessed against principal. (4) Recurring premiums on fire or other insurance covering the loss of a principal asset or the loss of income from or use of the asset.    Cross References. Section 8161 is referred to in sections 8162, 8163, 8165 of this title.
20 PA Cons Stat § 8162 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8162 - Mandatory disbursements from principal

 § 8162. Mandatory disbursements from principal. (a) Mandatory disbursements.--A trustee shall make the following disbursements from principal:  (1) Extraordinary expenses incurred in connection with the administration, management or preservation of trust property and the distribution of income.  (2) Extraordinary repairs. (3) Compensation for legal services to the trustee. (4) Expenses in connection with accountings and judicial or other proceedings. This paragraph includes proceedings to construe, modify or reform the trust or to protect the trust or its property.  (5) Payments on the principal of a trust debt. (6) Premiums paid on a policy of insurance not described in section 8161(4) (relating to mandatory disbursements from income) of which the trust is the owner and beneficiary.  (7) Estate, inheritance and other transfer taxes, including interest and penalties, apportioned to the trust.  (8) Disbursements related to environmental matters. This paragraph includes: (i) Reclamation. (ii) Assessing environmental conditions. (iii) Remedying and removing environmental contamination. (iv) Monitoring remedial activities and the release of substances. (v) Preventing future releases of substances. (vi) Collecting amounts from persons liable or potentially liable for the costs of those activities.  (vii) Penalties imposed under environmental statutes or regulations and other payments made to comply with those statutes or regulations.  (viii) Statutory or common law claims by third parties. (ix) Defending claims based on environmental matters. (b) Mandatory reimbursement.--If a principal asset is encumbered with an obligation which requires income from that asset to be paid directly to the creditor, the trustee shall transfer from principal to income an amount equal to the income paid to the creditor in reduction of the principal balance of the obligation.    Cross References. Section 8162 is referred to in sections 8144, 8163 of this title.
20 PA Cons Stat § 8163 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8163 - Discretionary allocation of disbursements

§ 8163. Discretionary allocation of disbursements. Subject to sections 8161 (relating to mandatory disbursements from income) and 8162 (relating to mandatory disbursements from principal), a trustee may, in the trustee's discretion, allocate to income or principal or partly to each ordinary expenses incurred in connection with the administration, management or preservation of trust property and the distribution of income, including, but not limited to, the compensation of the trustee and of any person providing investment advisory, custodian or income tax return preparation services to the trustee.    Cross References. Section 8163 is referred to in sections 8150, 8165 of this title.
20 PA Cons Stat § 8164 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8164 - Transfers from income to principal for depreciation

§ 8164. Transfers from income to principal for depreciation. (a) Transfers.--A trustee may transfer to principal a reasonable amount of the net cash receipts from a principal asset that is subject to depreciation. However, a trustee may not transfer any amount for depreciation:  (1) of that portion of real property used or available for use by a beneficiary as a residence or of tangible personal property held or made available for the personal use or enjoyment of a beneficiary;  (2) during the administration of a decedent's estate; or (3) under this section if the trustee is accounting under section 8143 (relating to business and other activities conducted by trustee) for the business or activity in which the asset is used.  (b) Separate fund unnecessary for amount transferred.--An amount transferred to principal need not be held as a separate fund.  (c) Definition.--As used in this section, the term "depreciation" means a reduction in value due to wear, tear, decay, corrosion or gradual obsolescence of a fixed asset having a useful life of more than one year.
20 PA Cons Stat § 8165 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8165 - Transfers from income to reimburse principal

 § 8165. Transfers from income to reimburse principal. (a) Permissible reimbursements.--A trustee may transfer an appropriate amount from income to principal in one or more accounting periods to reimburse principal or to provide a reserve for future disbursements if the trustee makes or expects to make a disbursement from principal which is allocable to income under section 8161 (relating to mandatory disbursements from income) or 8163 (relating to discretionary allocation of disbursements) and which:  (1) is paid from principal because it is unusually large; or (2) is made to prepare property for rental, including tenant allowances, leasehold improvements and broker's commissions.  (b) Continued transfers.--If the asset whose ownership gives rise to the disbursements becomes subject to a successive income interest after an income interest ends, a trustee may continue to transfer amounts from income to principal as provided in subsection (a).  (c) Application.--This section shall not apply to the extent the trustee has been or expects to be reimbursed by a third party.
20 PA Cons Stat § 8166 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8166 - Income taxes

 § 8166. Income taxes. (a) Receipts allocated to income.--A tax required to be paid by a trustee based on receipts allocated to income shall be paid from income.  (b) Receipts allocated to principal.--A tax required to be paid by a trustee based on receipts allocated to principal shall be paid from principal even if the tax is called an income tax by the taxing authority.  (c) Tax on entity's taxable income.--A tax required to be paid by a trustee on the trust's share of an entity's taxable income shall be paid proportionately:  (1) from income to the extent that receipts from the entity are allocated to income; and (2) from principal to the extent that: (i) receipts from the entity are allocated to principal; and (ii) the trust's share of the entity's taxable income exceeds the total receipts described in paragraph (1) and subparagraph (i).  (d) Reductions in receipts allocated to principal or income.--For purposes of this section, receipts allocated to principal or income shall be reduced by the amount distributed to a beneficiary from principal or income for which the trust receives a deduction in calculating the tax.
20 PA Cons Stat § 8167 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8167 - Adjustments between principal and income because of taxes

§ 8167. Adjustments between principal and income because of taxes. A trustee may make adjustments between principal and income to offset the shifting of economic interests or tax benefits between income beneficiaries and remainder beneficiaries which arise from any of the following:  (1) An election or decision which the trustee makes regarding tax matters. (2) An income tax or any other tax which is imposed upon the trustee or a beneficiary as a result of a transaction involving the trust or distribution from the trust.  (3) The ownership by a trust of an interest in an entity the taxable income of which, whether or not distributed, is includable in the taxable income of the trust or a beneficiary.
20 PA Cons Stat § 8191 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 81 - Principal and Income|Section 8191 - Uniformity of application and construction

§ 8191. Uniformity of application and construction. In applying and construing this chapter, consideration shall be given to the need to promote uniformity of the law with respect to its subject matter among states which enact it.
20 PA Cons Stat § 8302 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 83 - Inalienable Property|Section 8302 - Venue where real property is wholly in one county

§ 8302. Venue where real property is wholly in one county. In all proceedings under the provisions of this chapter involving real property lying wholly within one county the petition shall be presented only in the court of that county.
20 PA Cons Stat § 8303 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 83 - Inalienable Property|Section 8303 - Venue where real property is in more than one county

§ 8303. Venue where real property is in more than one county. In all proceedings under the provisions of this chapter involving real property through which the line dividing two or more counties runs, the court of the county in which the residence is situated; or, if there be no residence, the court of the county where the principal improvements may be; or, if there be no improvements, the court of either county, may exercise jurisdiction as to the whole of such real property, irrespective of the county line; and its decree relating to that real property shall be as effectual as if the whole of that real property had been within the county whereof said court has jurisdiction. A certified copy of all proceedings shall be recorded in the office of the recorder of deeds of each county in which any of the real property is situated.
20 PA Cons Stat § 8304 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 83 - Inalienable Property|Section 8304 - Procedure

§ 8304. Procedure. All jurisdiction conferred by this chapter shall be exercised on the petition of any party in interest, upon such terms and upon such security and after such notice as the court shall direct by general rule or special order.
20 PA Cons Stat § 8305 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 83 - Inalienable Property|Section 8305 - Sale of real property subject to future inalienable interests; disposition of proceeds

§ 8305. Sale of real property subject to future inalienable interests; disposition of proceeds. Where real property is held by a person or persons subject to future interests in a person or persons unborn, unascertained or not sui juris and it shall appear to the court that it would be to the interests of such persons having future interests that the real property should be sold, mortgaged, leased or exchanged, the court, upon the application of any party in interest, may appoint a trustee to sell, mortgage, lease or exchange the real property and to receive the proceeds and hold them in trust for such present and future interests as shall be directed by the court.
20 PA Cons Stat § 8306 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 83 - Inalienable Property|Section 8306 - Title of purchaser

§ 8306. Title of purchaser. If such bond, if any, as has been required by the court, has been given, the title acquired through any sale, mortgage, lease or exchange made pursuant to a decree of the court shall be indefeasible by any person ascertained or unascertained, or any class of persons, referred to in the petition or decree and having a present or expectant interest in the property, and shall be unprejudiced by any error in the proceedings. No party who pays cash or other consideration pursuant to the decree shall be liable to see to the proper application thereof, nor shall he be in any manner subject to any trust limitation on, or defect in, the title set out in the petition or decree. Any sale or exchange under this chapter shall have the effect of a judicial sale as to the discharge of liens, but the court may decree a sale or exchange freed and discharged from the lien of any mortgage otherwise preserved from discharge by existing law, if the holder of such mortgage shall so consent by writing filed in the proceeding.
20 PA Cons Stat § 8411 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 84 - Military Service|Section 8411 - Notice of action to United States Veterans' Bureau

§ 8411. Notice of action to United States Veterans' Bureau. In any action brought under any law of this Commonwealth for the appointment of a committee or guardian for a veteran of any war, or a minor child, or incapacitated dependent of a veteran of any war, on whose account benefits of compensation or insurance or other gratuity is payable by the United States Veterans' Bureau, or its successor, or upon the filing of any petition or account by any such committee or guardian of any such person, notice of such action, or of the filing of such petition or account, and of the hearing thereon, shall be mailed the attorney of the United States Veterans' Bureau office having jurisdiction over such person. In all such cases, the United States Veterans' Bureau, or its successor, shall be a party in interest, and a certified copy of each account filed in the court shall be supplied the said bureau by the committee or guardian.   (Apr. 16, 1992, P.L.108, No.24, eff. 60 days)   1992 Amendment. See section 21 of Act 24 in the appendix to this title for special provisions relating to applicability.  Saved from Suspension. Pennsylvania Rule of Civil Procedure No. 2248, as amended June 3, 1994, provided that section 8411 shall not be deemed suspended or affected by Rules 2226 through 2232 relating to joinder of parties.
20 PA Cons Stat § 8412 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 84 - Military Service|Section 8412 - Veterans' Bureau's objection to account; costs

§ 8412. Veterans' Bureau's objection to account; costs. In any action or proceeding wherein the attorney of the bureau objects to the account of the committee or guardian, and such committee or guardian is removed for cause, costs shall not be allowed out of the ward's estate, but may be taxed against the defaulting committee or guardian.
20 PA Cons Stat § 8501 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 85 - Simultaneous Death|Section 8501 - No sufficient evidence of survivorship

§ 8501. No sufficient evidence of survivorship. Where the title to property or the devolution thereof depends upon priority of death and there is no sufficient evidence that the persons have died otherwise than simultaneously, the property of each person shall be disposed of as if he had survived, except as provided otherwise in this chapter.
20 PA Cons Stat § 8502 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 85 - Simultaneous Death|Section 8502 - Beneficiaries of another person's disposition of property

§ 8502. Beneficiaries of another person's disposition of property. Where two or more beneficiaries are designated to take successively by reason of survivorship under another person's disposition of property and there is no sufficient evidence that these beneficiaries have died otherwise than simultaneously, the property thus disposed of shall be divided into as many equal portions as there are successive beneficiaries, and these portions shall be distributed respectively to those who would have taken in the event that each designated beneficiary had survived.
20 PA Cons Stat § 8503 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 85 - Simultaneous Death|Section 8503 - Joint tenants or tenants by the entirety

§ 8503. Joint tenants or tenants by the entirety. Where there is no sufficient evidence that two joint tenants or tenants by the entirety have died otherwise than simultaneously, the property so held shall be distributed, one-half as if one had survived, and one-half as if the other had survived. If there are more than two joint tenants, and all of them have so died, the property thus distributed shall be in the proportion that one bears to the whole number of joint tenants.
20 PA Cons Stat § 8504 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 85 - Simultaneous Death|Section 8504 - Insurance policies

§ 8504. Insurance policies. Where the insured and the beneficiary in a policy of life or accident insurance have died and there is no sufficient evidence that they have died otherwise than simultaneously, the proceeds of the policy shall be distributed as if the insured had survived the beneficiary.
20 PA Cons Stat § 8505 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 85 - Simultaneous Death|Section 8505 - Chapter does not apply if decedent provides otherwise

§ 8505. Chapter does not apply if decedent provides otherwise. This chapter shall not apply in the case of wills, living trusts, deeds or contracts of insurance wherein provision has been made for distribution of property different from the provisions of this chapter.
20 PA Cons Stat § 8610 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 86 - Anatomical Gifts|Section 8610 - Scope of subchapter

§ 8610. Scope of subchapter. Nothing in this subchapter shall be construed to authorize the donation of vascularized composite allografts, including hand, facial tissue and limb transplants, from an individual whose death is imminent or who has died at the hospital. Donation of vascularized composite allografts from an individual whose death is imminent or who has died at the hospital shall be in accordance with Subchapter D (relating to hands, facial tissue, limbs and other vascularized composite allografts).  (Oct. 23, 2018, P.L.594, No.90)   2018 Amendment. Act 90 added section 8610. Section 11(3) of Act 90 provided that the addition of section 8610 shall take effect upon publication of the notice under section 8629.