[§554G-11]  Multiple transfers.  If more than one permitted transfer is made by means of the same trust instrument:

     (1)  The making of a subsequent permitted transfer shall be disregarded in determining whether a creditor's claim with respect to a prior permitted transfer is extinguished as provided in section 554G-8; and

     (2)  Any distribution to a beneficiary shall be deemed to have been made from the latest permitted transfer. [L 2010, c 182, pt of §2]