Utah Code 75-7-1003. Damages in absence of breach
Current as of: 2023 | Check for updates
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(1) | A trustee is accountable to an affected beneficiary for any profit made by the trustee arising from the administration of the trust, even absent a breach of trust. |
(2) | Absent a breach of trust, a trustee is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit. |
Enacted by Chapter 89, 2004 General Session