Section 16324 Of Article 1. Short Title And Definitions From California Probate Code >> Division 9. >> Part 4. >> Chapter 3. >> Article 1.

. "Income" means money or property that a fiduciary receives as current return from a principal asset. The term includes a portion of receipts from a sale, exchange, or liquidation of a principal asset, to the extent provided in Article 5.1 (commencing with Section 16350), 5.2 (commencing with Section 16355), or 5.3 (commencing with Section 16360).