(I) [ Editor's note: This version of subsection (2)(a)(I) is effective January 1, 2022. ] The trustee has given written notice of such intended purchase to all qualified beneficiaries of the trust as defined in section 15-5-103 (16), or to their legal representatives, and either receives written consent to such purchase from qualified beneficiaries or does not receive from a qualified beneficiary a response to written notice by the trustee within thirty days after the mailing of such notice to the qualified beneficiary or legal representative at his or her last known address; or
Source: L. 2018: Entire article added, (SB 18-180), ch. 169, p. 1189, § 1, effective January 1, 2019. L. 2021: (2)(a)(I) amended, (SB 21-171), ch. 143, p. 841, § 4, effective January 1, 2022.