Section 13.46 Distribution of Fractional Shares or Indivisible Property

LibraryTrusts and Powers 2013 Supp

4. (§13.46) Distribution of Fractional Shares or Indivisible Property

If the division of the property among the beneficiaries results in fractional shares that the transferring entity does not wish to distribute as such, or other indivisible property, the transferring entity has the right to distribute the property to the beneficiaries...

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