Utah Statutes
§ 75B-3-116 — Office of trust director.
Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters:
(1)acceptance under Section 75B-2-701;
(2)giving of bond to secure performance under Section 75B-2-702;
(3)reasonable compensation under Section 75B-2-708;
(4)resignation under Section 75B-2-705;
(5)removal under Section 75B-2-706; and
(6)vacancy and appointment of successor under Section 75B-2-704.
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Legislative History
Renumbered and Amended by Chapter 310, 2025 General Session
Nearby Sections
15
§ 75B-1-101
Definitions for title.§ 75B-1-102
Transition clause.§ 75B-1-201
Definitions for part.§ 75B-1-203
Income permitted to accumulate.§ 75B-1-301
Definitions for part.§ 75B-1-302
Asset protection trust. -- Governing law.§ 75B-1-303
Requirements for asset protection trust.§ 75B-1-304
Application of asset protection trust.§ 75B-1-305
Illusory agreement.§ 75B-1-306
Affidavit of solvency.