Indiana Statutes

§ 30-2-15-16 — Unitrust amount; initial two years of trust

Indiana·Art. 2 GENERAL PROVISIONS·Ch. 15 Total Return Unitrusts
For the first two (2) years of the trust or the first two (2) years after the conversion to a total return unitrust under this chapter, the unitrust amount for a current valuation year of the trust must be the product of the unitrust rate multiplied by the net fair market values of the assets held in the trust on the first business day of the current valuation year.

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Indiana § 30-2-15-16 (Unitrust amount; initial two years of trust) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.3-2003, SEC.2.

Nearby Sections

15
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