§ 28A-22-8. Executor or trustee; discretion over distributions.
§28A‑22‑8. Executor or trustee; discretion over distributions.
Unless otherwise restricted bythe terms of the will or trust, an executor or trustee shall have absolutediscretion to make distributions in cash or in specific property, real orpersonal, or an undivided interest therein or partly in cash or partly in suchproperty, and to do so without regard to the income tax basis for federal taxpurposes of specific property allocated to any beneficiary. (1977,c. 740.)