11-A-6.4 - Application of article

§ 11-A-6.4 Application of article    Except  as specifically provided in the trust instrument, the will, or  in this article, this article shall apply  to  any  receipt  or  expense  received  or  incurred  on  or  after its effective date by any trust or  decedent's estate established before, on or after its effective date and  whether the asset involved was acquired by the  trustee  before,  on  or  after  its effective date, except that this article shall not apply to a  trust while any current beneficiary is interested in a  unitrust  amount  pursuant to subparagraph 11-2.4(b)(1); but it does apply with respect to  assets  to  which such a unitrust may become entitled but prior to their  actual receipt into the unitrust.