Utah Code 75-7-407. Evidence of oral trust
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Terms Used In Utah Code 75-7-407
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Statute: A law passed by a legislature.
Except as required by a statute other than this chapter, a trust need not be evidenced by a trust instrument, but the creation of an oral trust and its terms may be established only by clear and convincing evidence.
Repealed and Re-enacted by Chapter 89, 2004 General Session