Utah Code 75-7-518. Compromise of claims
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Terms Used In Utah Code 75-7-518
- Trustee: A person or institution holding and administering property in trust.
When a claim against a deceased settlor’s estate has been presented in any manner, the trustee may, if it appears in the best interest of the deceased settlor’s estate, compromise the claim, whether due or not due, absolute or contingent, liquidated or unliquidated.
Renumbered and Amended by Chapter 89, 2004 General Session