payment otherwise entitled to such person shall be allocated to the persons who are alive in the proportion described in the second paragraph. If the deceased has no person who shall be entitled to the
the SEC. In cases where the settlor or the trustee, by virtue of beneficiary, receives interest more than the proportion specified in the first paragraph, the interest shall be allocated to another
proportion specified in the first paragraph, the interest shall be allocated to another beneficiary or other beneficiaries. UNOFFICIAL 4 SECTION 14 A trust instrument without the following particulars and
paragraph, the interest shall be allocated to another beneficiary or other beneficiaries. SECTION 14 A trust instrument without the following particulars and statements shall be void: (1) names of a settlor
portion. If the deceased has none of the persons in (1), (2), or (3), or had but such person died before the payment is made, the portion of the payment otherwise entitled to such person shall be allocated
persons in (1), (2), or (3), or had but such person died before the payment is made, the portion of the payment otherwise entitled to such person shall be allocated to the persons who are alive in the
operator in a manner as specified in the notification of the Capital Market Supervisory Board shall be entitled to receive the allocated asset prior to others. SECTION 45. In cases where the court orders the
operator in a manner as specified in the notification of the Capital Market Supervisory Board shall be entitled to receive the allocated asset prior to others. SECTION 45. In cases where the court orders the