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Fiduciaries and Trusts | |
Uniform Principal and Income Act | |
Section 604 | Transitional provisions. |
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22-3-604. Transitional provisions. Section 22-3-409 applies to a trust described in Subsection 22-3-409(4) as follows: (1) If the trust is not funded as of May 12, 2009, then Section 22-3-409 applies to the trust on the date of the decedent's death. (2) If the trust is initially funded in the calendar year beginning January 1, 2009, then Section 22-3-409 applies to the trust on the date of the decedent's death. (3) If the trust is not described in Subsection (1) or (2), then Section 22-3-409 applies to the trust as of January 1, 2009.
Enacted by Chapter 96, 2009 General Session |
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