(1) Unless the terms of a trust provide otherwise: (a) a trustee does not have a duty to: (i) monitor a trust director; or (ii) inform or give advice to a settlor, beneficiary, trustee, or trust director concerning an instance in which the trustee might have acted differently than the director; and (b) by taking an action described in Subsection (1)(a), a trustee does not assume the duty excluded under Subsection (1)(a). (2) Unless the terms of a trust provide otherwise: (a) a trust director does not have a duty to: (i) monitor a trustee or another trust director; or (ii) inform or give advice to a settlor, beneficiary, trustee, or another trust director concerning an instance in which the director might have acted differently than a trustee or another trust director; and (b) by taking an action described in Subsection (1)(a), a trust director does not assume the duty excluded under Subsection (1)(a). Renumbered and Amended by Chapter 310, 2025 General Session
‹ Prev All Utah sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.