Section 16351 Of Article 5.1. Allocation Of Receipts During Administration Of Trust: Receipts From Entities From California Probate Code >> Division 9. >> Part 4. >> Chapter 3. >> Article 5.1.

. A trustee shall allocate to income an amount received as a distribution of income from a trust or a decedent's estate (other than an interest in an investment entity) in which the trust has an interest other than a purchased interest, and shall allocate to principal an amount received as a distribution of principal from the trust or estate.