California Probate Code

§ 16336

PROB § 16336 Effective Jan 1, 2024Div. 9 · Part 4 · Ch. 3 · Art. 3

Statute text

(a)A unitrust plan shall provide the method for determining the fair market value of an asset for the purpose of determining the unitrust amount, including both of the following:

(1)The frequency of valuing the asset, which need not require a valuation in every period.

(2)The date for valuing the asset in each period in which the asset is valued.

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Legislative history

Repealed and added by Stats. 2023, Ch. 28, Sec. 2. (SB 522) Effective January 1, 2024.