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2012 Maine Revised Statutes
TITLE 18-A: PROBATE CODE
Article 7: TRUST ADMINISTRATION
18-A §7-774. Transitional matters


18-A ME Rev Stat § 7-774 (2012 through 125th Legis) What's This?

Part 7: UNIFORM PRINCIPAL AND INCOME ACT OF 1997 HEADING: PL 2001, C. 544, §2 (NEW)

Subpart 6: MISCELLANEOUS PROVISIONS HEADING: PL 2001, C. 544, §2 (NEW)

§7-774. Transitional matters

Section 7-749 applies to a trust described in section 7-749, subsection (d) on and after the following dates: [2011, c. 256, §3 (NEW); 2011, c. 256, §4 (AFF).]

(1). If the trust is not funded as of January 1, 2012, the date of the decedent's death;

[ 2011, c. 256, §3 (NEW); 2011, c. 256, §4 (AFF) .]

(2). If the trust is initially funded in the calendar year beginning January 1, 2012, the date of the decedent's death; or

[ 2011, c. 256, §3 (NEW); 2011, c. 256, §4 (AFF) .]

(3). If the trust is not described in subsection (1) or (2), January 1, 2012.

[ 2011, c. 256, §3 (NEW); 2011, c. 256, §4 (AFF) .]

SECTION HISTORY

2011, c. 256, §3 (NEW). 2011, c. 256, §4 (AFF).

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