Utah § 75B-2-901 Prudent investor rule.

Utah Statutes

§ 75B-2-901 — Prudent investor rule.

Utah § 75B-2-901

Title 75BTrusts

Ch. 75B-2Uniform Trust Code

Part 75B-2-9Uniform Prudent Investor Act

This text of Utah § 75B-2-901 (Prudent investor rule.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 75B-2-901 (2026).

Text

(1)(1)(a) Except as otherwise provided in Subsection (2), a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule described in this chapter.

(1)(b) If a trustee is named on the basis of a trustee's representations of special skills or expertise, the trustee has a duty to use those special skills or expertise.

(2)(2)(a) The prudent investor rule is a default rule and may be expanded, restricted, eliminated, or otherwise altered by the provisions of a trust.

(2)(b) A trustee is not liable to a beneficiary to the extent that the trustee acted in reasonable reliance on the provisions of the trust.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) (1)(a) Except as otherwise provided in Subsection (2), a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule described in this chapter.
(1)(b) If a trustee is named on the basis of a trustee's representations of special skills or expertise, the trustee has a duty to use those special skills or expertise.
(2) (2)(a) The prudent investor rule is a default rule and may be expanded, restricted, eliminated, or otherwise altered by the provisions of a trust.
(2)(b) A trustee is not liable to a beneficiary to the extent that the trustee acted in reasonable reliance on the provisions of the trust.