2005 Idaho Code - 68-1203 — REQUIRED DISTRIBUTIONS
TITLE 68 TRUSTS AND FIDUCIARIES CHAPTER 12 PRIVATE FOUNDATIONS AND CHARITABLE TRUSTS 68-1203. REQUIRED DISTRIBUTIONS. The trust instrument of each trust to which this act applies, except "split-interest" trusts, shall be deemed to contain a provision requiring the trustee to distribute, for the purposes specified in the trust instrument, for each taxable year of the trust, amounts at least sufficient to avoid liability for the tax imposed by section 4942(a) of the Internal Revenue Code of 1986.
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