GroundRules
N.C. Gen. Stat. § 37A-1-104.23: Effect of distribution of unitrust amount.
Where this section sits in the code
- Chapter 37A. Uniform Principal and Income Act.
- Article 1. Definitions and Fiduciary Duties; Conversion to Unitrust; Judicial Control of Discretionary Power.
- Part 2A. Express Total Return Unitrusts.
The distribution from an express total return unitrust of the fixed percentage of not less than three percent (3%) nor more than five percent (5%) reasonably apportions between the income beneficiaries and remaindermen the total return of an express total return unitrust. (2005-244, s. 6.)
Collected 2026-08-27T18:01:42Z. Source file · JSON