72-38-820. Definitions. As used in 72-38-820 through 72-38-826, the following definitions apply:
(1) "Charitable trust" means a charitable trust as described in section 4947(a)(1) of the Internal Revenue Code.
(2) "Private foundation" means a private foundation as defined in section 509 of the Internal Revenue Code.
(3) "Split-interest trust" means a split-interest trust as described in section 4947(a)(2) of the Internal Revenue Code.
History: En. Sec. 105, Ch. 264, L. 2013.