If a trustee divides a trust into separate trusts under this subchapter, the terms of the separate trusts need not be identical but must provide for the same succession of interests and beneficiaries as are provided in the original trust. Differing tax elections may be made for each of the separate trusts.
Section: Previous 28-69-702 28-69-703 28-69-704 28-69-705 28-69-706 NextLast modified: November 15, 2016