§ 37A-1-104.23 - Effect of distribution of unitrust amount.

NC Gen Stat § 37A-1-104.23 (2019) (N/A)
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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.