"Accounting period" defined
Sec. 1. As used in this chapter, "accounting period" means a
calendar year unless another twelve (12) month period is selected by
a fiduciary. The term includes a portion of a calendar year or other
twelve (12) month period that begins when an income interest begins
or ends when an income interest ends.
As added by P.L.84-2002, SEC.2.
Last modified: May 27, 2006