(A) In this section, "liquidating asset" means an asset whose value diminishes or terminates because the asset is expected to produce receipts for a period of limited duration. The term includes a leasehold, patent, copyright, royalty right, and right to receive payments during a period of more than one year under an arrangement that does not provide for the payment of interest on the unpaid balance. The term does not include a payment subject to § 62-7-918, resources subject to § 62-7-920, timber subject to § 62-7-921, an activity subject to § 62-7-923, an asset subject to § 62-7-924, or any asset for which the trustee establishes a reserve for depreciation pursuant to § 62-7-927.

(B) A trustee shall allocate to income ten percent of the receipts from a liquidating asset and the balance to principal.