{"data":{"id":"us-sc/s.c.-code-ann.-62-7-904o","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 62-7-904O","heading":"Express total return unitrust governing instrument; changing the unitrust percentage; converting from a unitrust to an income trust; reconversion of an income trust to a unitrust.","body":"(A) The terms of an express total return unitrust governing instrument may provide the method similar to the method provided under Section 62-7-904C for changing the unitrust percentage or for converting from a unitrust to an income trust or for a reconversion of an income trust to a unitrust, or for all of these actions.\n(B) If the terms of an express total return unitrust governing instrument do not specifically or by reference to Section 62-7-904C grant a power to the trustee to change the unitrust percentage or change to an income trust, the trustee shall not have that power.","path":["Title 62 - SOUTH CAROLINA PROBATE CODE","ARTICLE 7 South Carolina Trust Code","Part 9 South Carolina Uniform Principal and Income Act"],"source_url":"https://www.scstatehouse.gov/code/t62c007.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T08:08:54Z","sha256":"1247b9c786b2dd5eb80c5b48de7bc547eb42852d28a544f828cfeacbd9c49194","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-62-7-904n","next":"us-sc/s.c.-code-ann.-62-7-904p"},"notice":"GroundRules: Original legal text. Not legal advice."}