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Utah · Through 2026 General Session

Utah Code § 75B-2-1012: Protection of person dealing with trustee.

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Where this section sits in the code
  1. Title 75B Trusts
  2. Chapter 75B-2 Uniform Trust Code
  3. Part 75B-2-10 Liability of Trustees and Rights of Persons Dealing with Trustee

(1) A person other than a beneficiary who in good faith assists a trustee, or who in good faith and for value deals with a trustee, without knowledge that the trustee is exceeding or improperly exercising the trustee's powers is protected from liability as if the trustee properly exercised the power.

(2) A person other than a beneficiary who in good faith deals with a trustee is not required to inquire into the extent of the trustee's powers or the propriety of the trustee's exercise.

(3) A person who in good faith delivers assets to a trustee need not ensure the assets' proper application.

(4) A person other than a beneficiary who in good faith assists a former trustee, or who in good faith and for value deals with a former trustee, without knowledge that the trusteeship has terminated is protected from liability as if the former trustee were still a trustee.

(5) Comparable protective provisions of other laws relating to commercial transactions or transfer of securities by fiduciaries prevail over the protection provided by this section.

Collected 2026-09-03T11:34:34Z. Source file · JSON

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