Undistributed income

N.Y. Estates, Powers & Trusts Law § 9-2.3, under Accumulations.

N.Y. Estates, Powers & Trusts Law § 9-2.3

§ 9-2.3 Undistributed income When income is not disposed of and no valid direction is given for its accumulation it passes to the persons presumptively entitled to the next eventual estate.