Utah Code

Utah Code
Title 31A	Insurance Code
Chapter 22	Contracts in Specific Lines
Section 107	Bond premium allowable expense of fiduciary.
	31A-22-107. Bond premium allowable expense of fiduciary. Any fiduciary required by law, or the court in providing a surety to secure the fiduciary's performance, may include as part of the expense of executing the fiduciary responsibility a reasonable premium paid to a surety for becoming the fiduciary's surety. However, the court may not allow an expense allowance greater than the larger of 1% of the surety's maximum obligation or $25. Enacted by Chapter 242, 1985 General Session Download Code Section Zipped WordPerfect 31A22_010700.ZIP 1,699 Bytes