Utah Code § 75-7-804

Current through the 2024 Fourth Special Session
Section 75-7-804 - Prudent administration

A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distributional requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution.

Utah Code § 75-7-804

Enacted by Chapter 89, 2004 General Session.