Repealed

K.S.A. 58-903 — under UNIFORM PRINCIPAL AND INCOME ACT (1997).

K.S.A. 58-903

58-903. History: L. 1951, ch. 509, § 3; L. 1965, ch. 344, § 3; Repealed, L. 2000, ch. 61, § 34; July 1. CASE ANNOTATIONS 1. Under subsection (b)(1) hereof, receipts from sale of growing wheat crop after its harvest, will be consideration received from the sale of principal and remains a personal asset of decedent's estate. Pederson v. Russell State Bank, Executor, 206 Kan. 718, 725, 726, 481 P.2d 986. 2. Court did not err in reallocating items of expense from principal to income; trust accounting proceeding. Jennings v. Speaker, Executrix, 1 Kan. App. 2d 610, 613, 618, 571 P.2d 358. 3. Act governs distribution of oil and gas royalties under a will, absent other instructions in will. Kumberg v. Kumberg, 5 Kan. App. 2d 640, 643, 623 P.2d 510. 4. Absent contrary trust language, gains or losses from sale of trust corpus are allocable to corpus. In re Trust Estate of Holmes, 23 Kan. App. 2d 387, 389, 930 P.2d 627 (1997). Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archived School Finance Documents USEFUL LINKS Session Laws Kansas Administrative Regulations OTHER LEGISLATIVE SITES Kansas Legislature Administrative Services Division of Post Audit Research Department Contact Us PDF Help www.ksrevisor.gov 2026