{"data":{"id":"us-ut/utah-code-75a-1-209","jurisdiction":"us-ut","citation":"Utah Code § 75A-1-209","heading":"Deposits in a fiduciary's personal account.","body":"If a principal authorizes a fiduciary to write or endorse a check for the principal, and the fiduciary writes a check payable to the fiduciary and deposits the check in a bank into the fiduciary's personal account:\n(1) the bank is not bound to inquire whether a fiduciary is committing a breach of the fiduciary's obligation to a principal; and\n(2) the bank is authorized to pay the amount of the deposit or any part of a personal check of the fiduciary without being liable to the principal unless:\n(a) the bank deposits the check for a fiduciary with actual knowledge that the fiduciary is committing a breach of the fiduciary's obligation in depositing the check; or\n(b) the bank knows that depositing the check for the fiduciary amounts to bad faith.","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-S209.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:34Z","sha256":"a053068ac3e4eb11ea518537b7b2f4883739cf629c410832a942573f608d5593","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-75a-1-208","next":"us-ut/utah-code-75a-1-210"},"notice":"GroundRules: Original legal text. Not legal advice."}
