Utah Code 59-18-102. Definitions
Current as of: 2023 | Check for updates
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As used in this chapter:
| (1) | Section references, unless otherwise indicated, are to the Internal Revenue Code of 1954, as in effect on January 1, 1970. |
| (2) | “Charitable organization” means an organization described in Section 501(c)(3) and exempt from tax under Section 501(a). |
| (3) | “Private foundation trust” means a trust (including a trust described in Section 4947(a)(1)) as defined in Section 509(a). |
| (4) | “Split interest trust” means a trust for individual and charitable beneficiaries that is subject to the provisions of Section 4947(a)(2). |
| (5) | “Trust” means an express trust created by a trust instrument, including a will. |
| (6) | “Trustee” means the trustee, trustees, person, or persons possessing a power or powers referred to in this chapter. |
Renumbered and Amended by Chapter 2, 1987 General Session