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16 CFR 802.71

§ 802.71 Acquisitions by gift, intestate succession or devise, or by irrevocable trust.

United States · 16 CFR — Commercial Practices · Status: effective

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16 CFR 802.71, § 802.71 Acquisitions by gift, intestate succession or devise, or by irrevocable trust, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/64816
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Acquisitions resulting from a gift, intestate succession, testamentary disposition or transfer by a settlor to an irrevocable trust shall be exempt from the requirements of the act.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.