Statutes, codes, and regulations
Indiana Code
Title 30 - TRUSTS AND FIDUCIARIESArticle 2 - GENERAL PROVISIONS
Chapter 15 - TOTAL RETURN UNITRUSTS
Section 30-2-15-16 - Unitrust amount; initial two years of trust

Ind. Code § 30-2-15-16

Download
PDF
Current through P.L. 171-2024
Section 30-2-15-16 - Unitrust amount; initial two years of trust

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.

IC 30-2-15-16

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