59-18-110 - Election and consent to release of trust to specified charitable organization.
59-18-110. Election and consent to release of trust to specified charitableorganization.
A trustee of a trust for the benefit of a public charitable organization or organizationsmay, with the consent of such organization or organizations, come under Subsection 59-18-109(5) by filing an election, accompanied by the consents, with the attorney general. Thereafter, thetrust shall be subject to Subsection 59-18-109(5) and Section 59-18-111.
Renumbered and Amended by Chapter 2, 1987 General Session