Section 13-63-22 - Account distributions to be reported as required by federal law

13-63-22. Account distributions to be reported as required by federal law.If there is any distribution from an account to any person or for the benefit of any person during a calendar year, the distribution shall be reported to the Internal Revenue Service and the account owner or the designated beneficiary to the extent required by federal law. Source: SL 2001, ch 97, §22.