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2021 Utah Code
Title 75 - Utah Uniform Probate Code
Chapter 12 - Uniform Directed Trust Act
Section 110 - Duty to provide information to trust director or trustee.
Universal Citation:
UT Code § 75-12-110 (2021)
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Effective 5/14/2019
75-12-110. Duty to provide information to trust director or trustee.
Enacted by Chapter 153, 2019 General Session
75-12-110. Duty to provide information to trust director or trustee.
- (1) Subject to Section 75-12-111, a trustee shall provide information to a trust director to the extent the information is reasonably related both to:
- (a) the powers or duties of the trustee; and
- (b) the powers or duties of the director.
- (2) Subject to Section 75-12-111, a trust director shall provide information to a trustee or another trust director to the extent the information is reasonably related both to:
- (a) the powers or duties of the director; and
- (b) the powers or duties of the trustee or other director.
- (3) A trustee that acts in reliance on information provided by a trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless, by acting, the trustee engages in willful misconduct.
- (4) A trust director that acts in reliance on information provided by a trustee or another trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless, by acting, the trust director engages in willful misconduct.
Enacted by Chapter 153, 2019 General Session
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