75B-2-803. Impartiality.
43 words·~1 min read·
/ut/title-75b/chapter-2/75b-2-803A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/7/2025
75B-2-803. Impartiality.
If a trust has two or more beneficiaries, the trustee shall act impartially in investing, managing, and distributing the trust property, giving due regard to the beneficiaries' respective interests.
Renumbered and Amended by Chapter 310 , 2025 General Session