S.C. Code § 62-7-417

Current through 2024 Act No. 225.

Section 62-7-417 - Combination and division of trusts

After notice to the qualified beneficiaries, a trustee may combine two or more trusts into a single trust or divide a trust into two or more separate trusts, if the result does not impair rights of any beneficiary or adversely affect achievement of the purposes of the trust.

S.C. Code § 62-7-417

Amended by 2013 S.C. Acts, Act No. 100 (SB 143), s 2, eff. 1/1/2014.

2005 Act No. 66, Section 1.