N.C. Gen. Stat. § 37A-1-104.23

Current through Session Law 2024-58

Section 37A-1-104.23 - Effect of distribution of unitrust amount

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.

N.C. Gen. Stat. § 37A-1-104.23

Added by 2005 N.C. Sess. Laws 244, s. 6, eff. 7/30/2005.