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Utah Code 75-7-414. Modification or termination of uneconomic trust

Utah Code > Title 75 > Chapter 7 > § 75-7-414 - Modification or termination of uneconomic trust

^{Current as of: 2010}

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     (1) After notice to the qualified beneficiaries, the trustee of a trust consisting of trust property having a total value less than $100,000 may terminate the trust if the trustee concludes that the value of the trust property is insufficient to justify the cost of administration.
     (2) The court may modify or terminate a trust or remove the trustee and appoint a different trustee if it determines that the value of the trust property is insufficient to justify the cost of administration.
     (3) Upon termination of a trust under this section, the trustee shall distribute the trust property in a manner consistent with the purposes of the trust.
     (4) This section does not apply to an easement for conservation or preservation.


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Tennessee Code > Title 65 > Chapter 3 > Part 1 > § 65-3-117. Depositions

^{Current as of: 2010}

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The department of transportation shall, in all cases, have a right in its discretion to issue proper process and take depositions instead of compelling personal attendance of witnesses.

[Acts 1897, ch. 10, § 10; Shan., § 3059a34; Code 1932, § 5410; T.C.A. (orig. ed.), § 65-319; Acts 1995, ch. 305, § 10.]


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