Section 813 - General powers of trustee.

UT Code § 75-7-813 (2019) (N/A)
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(1) A trustee, without authorization by the court, may exercise: (a) powers conferred by the terms of the trust; or (b) except as limited by the terms of the trust: (i) all powers over the trust property which an unmarried competent owner has over individually owned property; (ii) any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and (iii) any other powers conferred by this chapter.

(a) powers conferred by the terms of the trust; or

(b) except as limited by the terms of the trust: (i) all powers over the trust property which an unmarried competent owner has over individually owned property; (ii) any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and (iii) any other powers conferred by this chapter.

(i) all powers over the trust property which an unmarried competent owner has over individually owned property;

(ii) any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and

(iii) any other powers conferred by this chapter.

(2) The exercise of a power is subject to the fiduciary duties prescribed by this part.