[Code of Federal Regulations]
[Title 26, Volume 6]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR1.468B]

[Page 367]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 1_INCOME TAXES--Table of Contents
 
Sec. 1.468B  Designated settlement funds.

    A designated settlement fund, as defined in section 468B(d)(2), is 
taxed in the manner described in Sec. 1.468B-2. The rules for 
transferors to a qualified settlement fund described in Sec. 1.468B-3 
apply to transferors to a designated settlement fund. Similarly, the 
rules for claimants of a qualified settlement fund described in Sec. 
1.468B-4 apply to claimants of a designated settlement fund. A fund, 
account, or trust that does not qualify as a designated settlement fund 
is, however, a qualified settlement fund if it meets the requirements of 
a qualified settlement fund described in Sec. 1.468B-1.

[T.D. 8459, 57 FR 60988, Dec. 23, 1992]

[[Page 368]]