Utah § 75B-2-516 Counterclaims.

Utah Statutes

§ 75B-2-516 — Counterclaims.

Utah·Title 75B Trusts·Ch. 75B-2 Uniform Trust Code·Part 75B-2-5 Spendthrift and Discretionary Trusts

(1)(1)(a) In allowing a claim, the trustee may deduct any counterclaim which the deceased settlor's estate has against the claimant.

(1)(b) In determining a claim against a deceased settlor's estate, a court shall reduce the amount allowed by the amount of any counterclaims and, if the counterclaims exceed the claim, render a judgment against the claimant in the amount of the excess.

(2)A counterclaim, liquidated or unliquidated, may arise from a transaction other than that upon which the claim is based.

(3)A counterclaim may give rise to relief exceeding in amount or different in kind from that sought in the claim.

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(1) (1)(a) In allowing a claim, the trustee may deduct any counterclaim which the deceased settlor's estate has against the claimant.
(1)(b) In determining a claim against a deceased settlor's estate, a court shall reduce the amount allowed by the amount of any counterclaims and, if the counterclaims exceed the claim, render a judgment against the claimant in the amount of the excess.
(2) A counterclaim, liquidated or unliquidated, may arise from a transaction other than that upon which the claim is based.
(3) A counterclaim may give rise to relief exceeding in amount or different in kind from that sought in the claim.

Utah § 75B-2-516 (Counterclaims.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.