72-38-820 Definitions

72-38-820 . Definitions. As used in 72-38-820 through 72-38-826 , the following definitions apply: (1) "Charitable trust" means a charitable trust as described in section 4947(a)(1) of the Internal Revenue Code. (2) "Private foundation" means a private foundation as defined in section 509 of the Internal Revenue Code. (3) "Split-interest trust" means a split-interest trust as described in section 4947(a)(2) of the Internal Revenue Code.