There Is a Newer Version
of
this Section
2019 Utah Code
Title 22 - Fiduciaries and Trusts
Chapter 6 - Retirement Trusts
Section 2 - Income permitted to accumulate.
Universal Citation:
UT Code § 22-6-2 (2019)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
22-6-2. Income permitted to accumulate.
The income arising from or earned by the property held in such trust within the classifications mentioned, may be permitted to accumulate in accordance with the terms of such trust, for so long a time as may be permitted by the instrument creating the trust, or if no time is so specified, for such time as the trustee or trustees may deem necessary to accomplish the purposes for which the trust was created.
Enacted by Chapter 174, 1961 General Session
The income arising from or earned by the property held in such trust within the classifications mentioned, may be permitted to accumulate in accordance with the terms of such trust, for so long a time as may be permitted by the instrument creating the trust, or if no time is so specified, for such time as the trustee or trustees may deem necessary to accomplish the purposes for which the trust was created.
Enacted by Chapter 174, 1961 General Session
Disclaimer: These codes may not be the most recent version. Utah may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
