46-12-120: Duration of second trust.
Where this section sits in the code
- Chapter 46 - Fiduciaries and Trusts
- ARTICLE 12 Uniform Trust Decanting
A. Subject to Subsection B of this section, a second trust may have a duration that is the same as or different from the duration of the first trust.
B. To the extent that property of a second trust is attributable to property of the first trust, the property of the second trust is subject to any maximum perpetuity, accumulation or suspension-of-the-power-of-alienation rules that apply to property of the first trust.
Collected 2026-09-03T15:02:19Z. Source file · JSON