Utah Code 59-18-103. Applicability to split interest trust or private foundation trust created before or after effective date
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Terms Used In Utah Code 59-18-103
- Private foundation trust: means a trust (including a trust described in Section 4947(a)(1)) as defined in Section 509(a). See Utah Code 59-18-102
- Split interest trust: means a trust for individual and charitable beneficiaries that is subject to the provisions of Section 4947(a)(2). See Utah Code 59-18-102
The provisions of this chapter that are applicable to a split interest trust or to a private foundation trust shall apply to all such trusts, whether they are created before or after the effective date of this chapter.
Renumbered and Amended by Chapter 2, 1987 General Session