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Utah Code § 16-15-110

Trustee and beneficiary governed by declaration of trust -- Common law

Enacted by Chapter 310, 1995 General Session

(1) A trustee or beneficiary of a business trust shall be governed by all the provisions of the declaration of trust of the business trust.

(2) This chapter neither affects nor alters in any way the rights, powers, and obligations, of a trustee or beneficiary of a business trust under common law.

Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.