Utah Code > Title 75 > Chapter 7 > Part 9 – Utah Uniform Prudent Investor Act
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Terms Used In Utah Code > Title 75 > Chapter 7 > Part 9 - Utah Uniform Prudent Investor Act
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Fiduciary: A trustee, executor, or administrator.
- Person: means :Utah Code 68-3-12.5
- Property: includes both real and personal property. See Utah Code 68-3-12.5
- Trustee: A person or institution holding and administering property in trust.