S.C. Code § 62-7-904N

Current through 2024 Act No. 225.

Section 62-7-904N - Distribution from an express total return unitrust

The distribution from an express total return unitrust of a unitrust amount equal to a fixed percentage of not less than three percent nor more than five percent reasonably apportions between the income beneficiaries and the remainder of the total return of an express total return unitrust.

S.C. Code § 62-7-904N

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