Chapter 15 - TOTAL RETURN UNITRUSTS
- Section 55-15-1 - Definitions
- Section 55-15-2 - Trustee's authority to convert income trust, total return unitrust-Calculate trust amount, value-Conditions
- Section 55-15-3 - Interested trustee's authority over actions enumerated in section 55-15-2-Conditions
- Section 55-15-4 - Trustee may petition court-Appointment of disinterested person
- Section 55-15-5 - Annual valuation of trust required
- Section 55-15-6 - Calculation of unitrust amount
- Section 55-15-7 - [Repealed]
- Section 55-15-8 - Unitrust amount as net income of trust-Allocation of capital gains to trust income
- Section 55-15-9 - Administration of total return unitrust-Authority of trustee
- Section 55-15-10 - Distributions of principal and standards for income distributions not affected by conversion
- Section 55-15-11 - Spouse may compel reconversion to income trust for certain trusts-Written instrument required
- Section 55-15-12 - Applicability of chapter
- Section 55-15-13 - Trustee acting in good faith not liable-Remedy
- Section 55-15-14 - No duty to act created
- Section 55-15-15 - Chapter not applicable to charitable remainder unitrust