Utah § 75B-3-107 Limitations on trust director.

Utah Statutes

§ 75B-3-107 — Limitations on trust director.

Utah § 75B-3-107

Title 75BTrusts

Ch. 75B-3Uniform Directed Trust Act

This text of Utah § 75B-3-107 (Limitations on trust director.) 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-3-107 (2026).

Text

A trust director is subject to the same rules as a trustee in a like position and under similar circumstances in the exercise or nonexercise of a power of direction or further power under Subsection 75B-3-106(2)(a) regarding:

(1)a payback provision in the terms of a trust necessary to comply with the Medicaid reimbursement requirements in Section 1917 of the Social Security Act, 42 U.S.C. Sec. 1396p(d)(4)(A), as amended, and any related regulations; and

(2)a charitable interest in the trust, including notice regarding the interest to the attorney general.

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A trust director is subject to the same rules as a trustee in a like position and under similar circumstances in the exercise or nonexercise of a power of direction or further power under Subsection 75B-3-106(2)(a) regarding:
(1) a payback provision in the terms of a trust necessary to comply with the Medicaid reimbursement requirements in Section 1917 of the Social Security Act, 42 U.S.C. Sec. 1396p(d)(4)(A), as amended, and any related regulations; and
(2) a charitable interest in the trust, including notice regarding the interest to the attorney general.