Utah Code § 31A-22-107: Bond premium allowable expense of fiduciary.
Where this section sits in the code
- Title 31A Insurance Code
- Chapter 31A-22 Contracts in Specific Lines
- Part 31A-22-1 Contracts of Suretyship
Any fiduciary required by law, or the court in providing a surety to secure the fiduciary's performance, may include as part of the expense of executing the fiduciary responsibility a reasonable premium paid to a surety for becoming the fiduciary's surety. However, the court may not allow an expense allowance greater than the larger of 1% of the surety's maximum obligation or $25.
Collected 2026-09-03T11:34:33Z. Source file · JSON