Utah Code § 75B-1-202: Retirement trusts exempted from rules against perpetuities, accumulations, or suspension of power of alienation.
Where this section sits in the code
- Title 75B Trusts
- Chapter 75B-1 General Provisions
- Part 75B-1-2 Retirement Trust
(1) A retirement trust is not invalid as violating a rule against perpetuities, a rule against accumulations, a rule concerning the suspension of the power of alienation of title to property, or any other law restricting or limiting the duration of trusts.
(2) A retirement trust may continue in perpetuity or for the time that is necessary to accomplish the purposes for which the retirement trust was created.
Collected 2026-09-03T11:34:34Z. Source file · JSON