Express unitrust definition

Express unitrust means a trust for which, under the terms of the trust without regard to this part 3, income or net income must or may be calculated as a unitrust amount.
Express unitrust means a trust for which, under the terms
Express unitrust means a trust for which, under the terms of the trust without

More Definitions of Express unitrust

Express unitrust means a trust for which, under the terms of the trust without regard to this part, income or net income is permitted or required to be calculated as a unitrust amount.
Express unitrust means a trust for which, under the terms of the trust without regard to this
Express unitrust means a trust for which, under the 977 terms of the trust without regard to this section and ss.
Express unitrust means a trust for which, under the terms of the trust without regard to sections 8 through 16, and amendments thereto, income or net income must or may be calculated as a unitrust amount.

Related to Express unitrust

  • Business Unit means the assets constituting the business or a division or operating unit thereof of any Person.