Resident trust means a trust that is a resident of this
Resident trust means a trust of which the fidu- ciary is a resident of the State or the administration of which is carried on in the State.
Resident trust means a trust administered in this State as described in Section 62‑7‑108 as that section applied on January 1, 2018. ‘Nonresident trust’ means a trust other than a resident trust.
Examples of Resident trust in a sentence
Resident trust fund accounts are specific only to the sin- gle facility purchasing a resident trust fund surety bond.
More Definitions of Resident trust
Resident trust means a trust administered in this State. "Nonresident trust" is a trust other than a resident trust.
Resident trust means a trust that:
Resident trust means a trust—
Resident trust means (a) a trust, or a portion of a trust, consisting of property transferred by will of a decedent domiciled in this state at his death, or (b) a trust, or a portion of a trust, consisting of the property of a person domiciled in this state if such trust is not irrevocable and (c) a trust, or portion of a trust, consisting of property of a person domiciled in this state at the time such property was transferred to the trust if such trust or portion was then irrevocable or a person domiciled in this state at the time such trust or portion became irrevocable. A trust, or portion of a trust, is irrevocable if it is not subject to a power exercisable solely by the transferor of such property, at any time, to revest title in himself. "Nonresident trust" means a trust other than a resident trust;
Resident trust means a trust which is administered in this state. A trust shall not be deemed to be administered in this state solely because it is subject to the jurisdiction of a district court within this state. "Nonresident trust" means a trust other than a resident trust.
Resident trust means a trust the administration of which is carried on wholly in the State; or if the administration is partly carried on in the State and partly outside the State, a trust of which one-half or more of the fiduciaries reside in the State.
Resident trust. , defined. “Resident trust” means the same as in section 235-1,