Utah Code -- Title 75 -- Chapter 07 -- Utah Uniform Trust Code

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Updated: 11 January 2012

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75-7-101 Title.

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75-7-102 Scope.

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75-7-103 Definitions.

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75-7-104 Knowledge.

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75-7-105 Default and mandatory rules.

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75-7-106 Common law of trusts -- Principles of equity.

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75-7-107 Governing law.

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75-7-108 Principal place of administration.

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75-7-109 Methods and waiver of notice.

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75-7-110 Nonjudicial settlement agreements.

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75-7-111 Rules of construction.

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75-7-112 Penalty provisions.

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75-7-201 Court -- Exclusive jurisdiction of trusts.

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75-7-202 Effect of administration in this state -- Consent to jurisdiction.

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75-7-203 Subject matter jurisdiction.

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75-7-204 Trust proceedings -- Dismissal of matters relating to foreign trusts.

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75-7-205 Venue.

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75-7-301 Basic effect.

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75-7-302 Representation by holder of general testamentary power of appointment.

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75-7-303 Representation by fiduciaries and parents.

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75-7-304 Representation by person having substantially identical interest.

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75-7-305 Appointment of guardian ad litem or other representative.

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75-7-401 Methods of creating trust.

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75-7-402 Requirements for creation.

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75-7-403 Trusts created in other jurisdictions.

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75-7-404 Trust purposes.

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75-7-405 Charitable purposes -- Enforcement.

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75-7-406 Creation of trust induced by fraud, duress, or undue influence.

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75-7-407 Evidence of oral trust.

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75-7-408 Trust for care of animal.

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75-7-409 Noncharitable trust without ascertainable beneficiary.

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75-7-410 Modification or termination of trust -- Proceedings for approval or disapproval.

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75-7-411 Modification or termination of noncharitable irrevocable trust by consent.

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75-7-412 Modification or termination because of unanticipated circumstances or inability to administer trust effectively.

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75-7-413 Cy pres.

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75-7-414 Modification or termination of uneconomic trust.

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75-7-415 Reformation to correct mistakes.

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75-7-416 Modification to achieve settlor's tax objectives.

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75-7-417 Combination and division of trusts.

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75-7-501 Rights of beneficiary's creditor or assignee.

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75-7-502 Spendthrift provisions for beneficiaries other than the settlor.

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75-7-503 Exceptions to spendthrift provision.

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75-7-504 Discretionary trusts -- Effect of standard.

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75-7-505 Creditor's claim against settlor.

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75-7-506 Overdue distribution.

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75-7-507 Personal obligations of trustee.

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75-7-508 Notice to creditors.

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75-7-509 Limitations on presentation of claims.

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75-7-510 Manner of presentation of claims.

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75-7-511 Classification of claims.

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75-7-512 Allowance of claims.

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75-7-513 Payment of claims.

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75-7-514 Secured claims.

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75-7-515 Claims not due and contingent or unliquidated claims.

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75-7-516 Counterclaims.

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75-7-517 Execution and levies prohibited.

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75-7-518 Compromise of claims.

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75-7-519 Encumbered assets.

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75-7-604 Capacity of settlor of revocable trust.

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75-7-605 Revocation or amendment of revocable trust.

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75-7-606 Settlor's powers -- Powers of withdrawal.

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75-7-607 Limitation on action contesting validity of revocable trust -- Distribution of trust property.

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75-7-701 Accepting or declining trusteeship.

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75-7-702 Trustee's bond.

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75-7-703 Cotrustees.

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75-7-704 Vacancy in trusteeship -- Appointment of successor.

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75-7-705 Resignation of trustee.

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75-7-706 Removal of trustee.

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75-7-707 Delivery of property by former trustee.

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75-7-708 Compensation of trustee.

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75-7-709 Reimbursement of expenses.

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75-7-801 Duty to administer trust.

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75-7-802 Duty of loyalty.

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75-7-803 Impartiality.

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75-7-804 Prudent administration.

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75-7-805 Costs of administration.

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75-7-806 Trustee's skills.

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75-7-807 Control and protection of trust property.

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75-7-808 Recordkeeping and identification of trust property.

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75-7-809 Enforcement and defense of claims.

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75-7-810 Collecting trust property.

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75-7-811 Duty to inform and report.

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75-7-812 Discretionary powers -- Tax savings.

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75-7-813 General powers of trustee.

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75-7-814 Specific powers of trustee.

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75-7-815 Distribution upon termination.

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75-7-816 Recitals when title to real property is in trust -- Failure.

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75-7-817 Marital deduction formulas -- Trusts.

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75-7-901 Prudent investor rule.

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75-7-902 Standard of care -- Portfolio strategy -- Risk and return objectives.

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75-7-903 Diversification.

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75-7-904 Duties at inception of trusteeship.

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75-7-905 Reviewing compliance.

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75-7-906 Investment direction.

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75-7-907 Language invoking standard of chapter.

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75-7-1001 Remedies for breach of trust.

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75-7-1002 Damages for breach of trust.

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75-7-1003 Damages in absence of breach.

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75-7-1004 Attorney's fees and costs.

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75-7-1005 Limitation of action against trustee.

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75-7-1006 Reliance on trust instrument.

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75-7-1007 Event affecting administration or distribution.

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75-7-1008 Exculpation of trustee.

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75-7-1009 Beneficiary's consent, release, or ratification.

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75-7-1010 Limitation on personal liability of trustee.

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75-7-1011 (Superseded 07/01/12) Interest as general partner.

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75-7-1012 Protection of person dealing with trustee.

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75-7-1013 Certification of trust.

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75-7-1101 Uniformity of application and construction.

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75-7-1102 Electronic records and signatures.

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75-7-1103 Application to existing relationships.

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75-7-1201 Foreign trustees.

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means this portion of the Utah Code has been modified since the last update on 1 November 2011.