Section 55-15-10 - Distributions of principal and standards for income distributions not affected by conversion

55-15-10. Distributions of principal and standards for income distributions not affected by conversion.Conversion to a total return unitrust under the provisions of this chapter does not affect any other provisions of the governing instrument, if any, regarding distributions of principal or the standards for distributions of income. Source: SL 2002, ch 225, §10; SL 2023, ch 161, §15.