§ 91-9-401. Prohibited acts
In the administration of any trust which is a “private foundation,” as defined in Section 509 of the United States Internal Revenue Code, a “charitable trust,” as defined in Section 4947(a)(1) of the United States Internal Revenue Code, or a “split-interest trust,” as defined in Section 4947(a)(2) of the United States Internal Revenue Code, the […]
§ 91-9-403. Distribution of amounts to avoid tax liability
In the administration of any trust which is a “private foundation,” as defined in Section 509 of the United States Internal Revenue Code, or which is a “charitable trust,” as defined in Section 4947(a)(1) of the United States Internal Revenue Code, there shall be distributed, for the purposes specified in the trust instrument, for each […]
§ 91-9-405. Applicability of Sections 91-9-401 and 91-9-403 when contrary to trust instrument
The provisions of Sections 91-9-401 and 91-9-403 shall not apply to any trust to the extent that a court of competent jurisdiction shall determine that such application would be contrary to the terms of the instrument governing such trust and that the same may not properly be changed to conform to such sections. The trustee […]
§ 91-9-407. Amendment of trust instrument to exclude application of Sections 91-9-401 and 91-9-403
The trustees of any trust which is a “private foundation” (as defined in Section 509 of the United States Internal Revenue Code), a “charitable trust” (as defined in Section 4947(a)(1) of the United States Internal Revenue Code) or a “split-interest trust” (as defined in Section 4947(a)(2) of the United States Internal Revenue Code) may, without […]
§ 91-9-409. Rights and powers of courts and attorney general
Nothing in Sections 91-9-401 through 91-9-411 shall impair the rights and powers of the courts or the attorney general of this state with respect to any trust.
§ 91-9-411. References to United States Internal Revenue Code
All references to sections of the United States Internal Revenue Code shall be to such law as it exists as of April 28, 1972.