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Utah · Through 2026 General Session

Utah Code § 31A-22-107: Bond premium allowable expense of fiduciary.

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Where this section sits in the code
  1. Title 31A Insurance Code
  2. Chapter 31A-22 Contracts in Specific Lines
  3. 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

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