59-18-106 - Trustee's notice to attorney general of inconsistent provisions in trust. - Utah Statutes

59-18-106. Trustee's notice to attorney general of inconsistent provisions in trust.
If the trustee determines that the governing instrument contains provisions, in the case ofa power to make distributions, which is more restrictive than Subsection 59-18-105(2), or if thetrust contains other powers which specifically direct acts by the trustee that are inconsistent withthe provisions of Subsection 59-18-105(3), the trustee shall notify the attorney general within sixmonths following the effective date of this chapter, or when the trust becomes subject to thischapter, whichever last occurs. Section 59-18-105 does not apply to any trust with respect towhich notice has been given unless the trust is amended to comply with the terms of this chapter.

Renumbered and Amended by Chapter 2, 1987 General Session