There is a newer version
of
this Section
2019 Utah Code
Title 75 - Utah Uniform Probate Code
Chapter 12 - Uniform Directed Trust Act
Section 111 - No duty to monitor, inform, or advise.
Universal Citation: UT Code § 75-12-111 (2019)
Effective 5/14/2019
75-12-111. No duty to monitor, inform, or advise.
Enacted by Chapter 153, 2019 General Session
75-12-111. No duty to monitor, inform, or advise.
- (1) Unless the terms of a trust provide otherwise:
- (a) a trustee does not have a duty to:
- (i) monitor a trust director; or
- (ii) inform or give advice to a settlor, beneficiary, trustee, or trust director concerning an instance in which the trustee might have acted differently than the director; and
- (b) by taking an action described in Subsection (1)(a), a trustee does not assume the duty excluded under Subsection (1)(a).
- (a) a trustee does not have a duty to:
- (2) Unless the terms of a trust provide otherwise:
- (a) a trust director does not have a duty to:
- (i) monitor a trustee or another trust director; or
- (ii) inform or give advice to a settlor, beneficiary, trustee, or another trust director concerning an instance in which the director might have acted differently than a trustee or another trust director; and
- (b) by taking an action described in Subsection (1)(a), a trust director does not assume the duty excluded under Subsection (1)(a).
- (a) a trust director does not have a duty to:
Enacted by Chapter 153, 2019 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.
