13-22-115. Fiduciary capacity.
59 words·~1 min read·
/ut/title-13/chapter-22/13-22-115A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/6/2026
13-22-115. Fiduciary capacity.
A person soliciting, collecting, or expending a contribution for charitable purposes, and every officer, director, trustee, or employee of a person concerned with the charitable solicitation, collection, or expenditure of the contribution for charitable purposes, is a fiduciary and acts in a fiduciary capacity.
Renumbered and Amended by Chapter 95 , 2026 General Session