2023 North Carolina General Statutes > Chapter 37A > Article 5 – Allocation of Disbursements During Administration of Trust Current as of: 2023 | Check for updates | Other versions § 37A-5-501 Disbursements from income § 37A-5-502 Disbursements from principal § 37A-5-503 Transfers from income to principal for depreciation § 37A-5-504 Transfers from income to reimburse principal § 37A-5-505 Income taxes § 37A-5-506 Adjustments between principal and income because of taxes