{"data":{"id":"us-ut/utah-code-75a-1-208","jurisdiction":"us-ut","citation":"Utah Code § 75A-1-208","heading":"Checks drawn in name of a principal.","body":"(1) If a fiduciary draws a check upon the account of the fiduciary's principal in a bank that is authorized to draw checks upon the principal's account and the bank is authorized to pay the check, the bank is not liable to the principal unless:\n(a) the bank pays the check with actual knowledge that the fiduciary is committing a breach of the fiduciary's obligation in drawing the check; or\n(b) the bank knows that paying the check amounts to bad faith.\n(2) Notwithstanding Subsection (1), the bank is liable to a principal if:\n(a) the principal's fiduciary deposits a check in the name of the principal as payment to the bank for payment of, or as security for, a personal debt of the fiduciary; and\n(b) the fiduciary commits a breach of the fiduciary's obligation in drawing or delivering the check to the bank.","path":["Title 75A Fiduciaries","Chapter 75A-1 Fiduciaries","Part 75A-1-2 Payments and Deposits by Fiduciaries"],"source_url":"https://le.utah.gov/xcode/Title75A/Chapter1/75A-1-S208.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:34Z","sha256":"208d44c62669c4de6889b62cdcfd5bc9ddb746d11fd0940a6206b74f4f814eb6","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-75a-1-207","next":"us-ut/utah-code-75a-1-209"},"notice":"GroundRules: Original legal text. Not legal advice."}
