Need for distribution not required.

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  4. Need for distribution not required.

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NEED FOR DISTRIBUTION NOT REQUIRED

An authorized trustee may exercise the power to distribute principal to a second trust under Section 3 or 4 of this act regardless of whether there is a current need to distribute principal under the terms of the first trust.

Added by Laws 2021, c. 268, § 14, eff. Nov. 1, 2021.


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