Section 16334 - Unitrust plan(a) In administering a unitrust under this article, a fiduciary shall follow a unitrust plan adopted under paragraph (1) or (2) of subdivision (a) of Section 16332, or amended or replaced under paragraph (2) of subdivision (a) of Section 16332.(b) A unitrust plan shall provide all of the following:(1) The unitrust rate or the method for determining the unitrust rate under Section 16335.(2) The method for determining the applicable value under Section 16336.(3) The rules described in Sections 16335 to 16338, inclusive, that apply in the administration of the unitrust, whether the rules are either of the following: (A) Mandatory, as provided in subdivision (a) of Section 16336 or subdivision (a) of Section 16337.(B) Optional, as provided in Section 16335, subdivision (b) of Section 16336, subdivision (b) of Section 16337, and subdivision (a) of Section 16338, to the extent the fiduciary elects to adopt those rules.Added by Stats 2023 ch 28 (SB 522),s 2, eff. 1/1/2024.