Title 75 Chapter 3 Part 8 Section 810

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Index	Utah Code
Title 75	Utah Uniform Probate Code
Chapter 3	Probate of Wills and Administration
Part 8	Creditors' Claims
Section 810	Claims not due and contingent or unliquidated claims.

75-3-810. Claims not due and contingent or unliquidated claims.

(1)

If a claim which will become due at a future time or a contingent or unliquidated claim becomes due or certain before the distribution of the estate, and if the claim has been allowed or established by a proceeding, it is paid in the same manner as presently due and absolute claims of the same class.

(2)

In other cases the personal representative, or, on petition of the personal representative or the claimant in a special proceeding for the purpose, the court may provide for payment as follows:

(a)	If the claimant consents, he may be paid the present or agreed value of the claim, taking any uncertainty into account;

(b)	Arrangement for future payment, or possible payment, on the happening of the contingency or on liquidation may be made by creating a trust, giving a mortgage, obtaining a bond or security from a distributee, or otherwise.

Enacted by Chapter 150, 1975 General Session

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