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

Code in HTML Format with Links to Zipped WordPerfect

Updated: 28 May 2009

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    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 6 May 2009.

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Last revised: 28 May 2009

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