Section 55-9-8 - Self-dealing by trustee prohibited.
55-9-8. Self-dealing by trustee prohibited. The trustee of a trust described in § 55-9-7 shall not engage in any act of self-dealing which would give rise to any liability for the tax imposed by section 4941 (a) of the Internal Revenue Code.
Source: SL 1972, ch 259, § 2 (2).