{"data":{"id":"us-ut/utah-code-75b-2-901","jurisdiction":"us-ut","citation":"Utah Code § 75B-2-901","heading":"Prudent investor rule.","body":"(1)\n(a) Except as otherwise provided in Subsection (2), a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule described in this chapter.\n(b) If a trustee is named on the basis of a trustee's representations of special skills or expertise, the trustee has a duty to use those special skills or expertise.\n(2)\n(a) The prudent investor rule is a default rule and may be expanded, restricted, eliminated, or otherwise altered by the provisions of a trust.\n(b) A trustee is not liable to a beneficiary to the extent that the trustee acted in reasonable reliance on the provisions of the trust.","path":["Title 75B Trusts","Chapter 75B-2 Uniform Trust Code","Part 75B-2-9 Uniform Prudent Investor Act"],"source_url":"https://le.utah.gov/xcode/Title75B/Chapter2/75B-2-S901.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:34Z","sha256":"94c0ee57a8a9695c9937794837c17a97d533237c0fa63440601300845cd72781","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-75b-2-817","next":"us-ut/utah-code-75b-2-902"},"notice":"GroundRules: Original legal text. Not legal advice."}
