# Treas. Reg. § 20.7520-4: Transitional rules.

Source: eCFR as of 2026-10-19 <https://www.ecfr.gov/current/title-26/section-20.7520-4>. Interprets 26 U.S.C. § 7520.

(a) Reliance. If the valuation date is after April 30, 1989, and before June 10, 1994, an executor can rely on Notice 89-24, 1989-1 C.B. 660, or Notice 89-60, 1989-1 C.B. 700 (See § 601.601(d)(2)(ii)(b) of this chapter), in valuing the transferred interest. 

(b) Effective date. This section is effective as of May 1, 1989.