22-3-416.  Receipts normally apportioned — Other financial instrument or arrangement.

(1)  A fiduciary shall allocate receipts from or related to a financial instrument or arrangement not otherwise addressed by this chapter.

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Terms Used In Utah Code 22-3-416

  • Fiduciary: A trustee, executor, or administrator.
(2)  The allocation must be consistent with Sections 22-3-414 and 22-3-415.

Enacted by Chapter 495, 2019 General Session