Utah § 75B-2-813 General powers of trustee.

Utah Statutes

§ 75B-2-813 — General powers of trustee.

Utah·Title 75B Trusts·Ch. 75B-2 Uniform Trust Code·Part 75B-2-8 Duties and Power of Trustee

(1)A trustee, without authorization by the court, may exercise:

(1)(a) powers conferred by the terms of the trust; or

(1)(b) except as limited by the terms of the trust:

(1)(b)(i) all powers over the trust property that an unmarried competent owner has over individually owned property;

(1)(b)(ii) any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and

(1)(b)(iii) any other powers conferred by this chapter.

(2)The exercise of a power is subject to the fiduciary duties prescribed by this part.

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(1) A trustee, without authorization by the court, may exercise:
(1)(a) powers conferred by the terms of the trust; or
(1)(b) except as limited by the terms of the trust:
(1)(b)(i) all powers over the trust property that an unmarried competent owner has over individually owned property;
(1)(b)(ii) any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and
(1)(b)(iii) any other powers conferred by this chapter.
(2) The exercise of a power is subject to the fiduciary duties prescribed by this part.

Utah § 75B-2-813 (General powers of trustee.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.