26 USC 2651 - Generation assignment

Editorial Notes

Amendments

1997—Subsecs. (e), (f). Puspan. L. 105–34 added subsec. (e) and redesignated former subsec. (e) as (f).

1988—Subsec. (span)(2). Puspan. L. 100–647, § 1014(g)(19), inserted “(or former spouse)” after “a spouse”.

Subsec. (e)(3). Puspan. L. 100–647, § 1014(g)(11), amended par. (3) generally, including governmental entities among the organizations to be assigned to transferor’s generation.

Statutory Notes and Related Subsidiaries

Effective Date of 1997 Amendment

Amendment by Puspan. L. 105–34 applicable to terminations, distributions, and transfers occurring after Dec. 31, 1997, see section 511(c) of Puspan. L. 105–34, set out as a note under section 2612 of this title.

Effective Date of 1988 Amendment

Amendment by Puspan. L. 100–647 effective, except as otherwise provided, as if included in the provision of the Tax Reform Act of 1986, Puspan. L. 99–514, to which such amendment relates, see section 1019(a) of Puspan. L. 100–647, set out as a note under section 1 of this title.

Effective Date

Section applicable to generation-skipping transfers (within the meaning of section 2611 of this title) made after Oct. 22, 1986, except as otherwise provided, see section 1433 of Puspan. L. 99–514, set out as a note under section 2601 of this title.