Utah Code § 75-12-116

Current through the 2024 Fourth Special Session

Section 75-12-116 - 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 75-7-701;

(2) giving of bond to secure performance under Section 75-7-702;

(3) reasonable compensation under Section 75-7-708;

(4) resignation under Section 75-7-705;

(5) removal under Section 75-7-706; and

(6) vacancy and appointment of successor under Section 75-7-704.

Utah Code § 75-12-116

Added by Chapter 153, 2019 General Session ,§ 21, eff. 5/14/2019.