UTAH CODE (Last Updated: January 16, 2015)

§ 22-7-106. Settlor created unitrust.

Latest version.

A settlor may create a trust instrument with terms providing that the trust shall be administered as a total return unitrust under this chapter. A settlor may also create a trust instrument with terms providing that the trust may be administered as either an income trust or as a total return unitrust under this chapter in the discretion of the trustee or a trust protector appointed in the trust instrument.

Enacted by Chapter 244, 2013 General Session

                    
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