§ 3b-11-9

3B:11-9. Definitions As used in this article: a. 'Code' means the Internal Revenue Code of 1954 as amended; b. 'Private foundation trust' means a charitable trust which is a private foundation described in section 509(a) of the code, including each nonexempt charitable trust described in section 4947(a)(1) of the code which is treated as a private foundation; c. 'Split-interest trust' means a nonexempt split-interest trust described in section 4947(a)(2) of the code, but only to the extent that section 508(e) of the code is applicable to the nonexempt split-interest trust under section 4947(a)(2) of the code; d. 'Trust instrument' means a will, deed, agreement, court order, or other instrument pursuant to which money or other property is entrusted to a fiduciary, and also means the certificate of incorporation of a nonprofit corporation administering a charitable foundation trust; e. 'Trustee' means every fiduciary administering a trust instrument, and includes a corporation which is a private charitable foundation administering a private foundation trust; f. 'Trust' means private foundation trusts and split-interest trusts. L.1981, c. 405, s. 3B:11-9, eff. May 1, 1982.