§ 37A-1-104.23. Effect of distribution of unitrust amount. - North Carolina Statutes

§ 37A‑1‑104.23. Effect of distribution of unitrust amount.

The distribution from anexpress total return unitrust of the fixed percentage of not less than threepercent (3%) nor more than five percent (5%) reasonably apportions between theincome beneficiaries and remaindermen the total return of an express totalreturn unitrust. (2005‑244,s. 6.)