Unitrust amount; successive years
Sec. 17. Beginning with the third year of the trust, and each year
after that year, the unitrust amount for a current valuation year of the
trust is the product of the unitrust rate multiplied by the average of
the net fair market values of the assets held in the trust on the first
business day of:
(1) the current valuation year; and
(2) each of the two (2) years of the trust immediately preceding
the current valuation year.
As added by P.L.3-2003, SEC.2.
Last modified: May 27, 2006