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Utah Code Title 75B. Trusts § 75B-1-203. Income permitted to accumulate

Current as of January 01, 2025 | Updated by Findlaw Staff

The income arising from or earned by the property held in a retirement trust is permitted to accumulate, in accordance with the terms of the trust:

(1) for the time period permitted by the instrument creating the trust; or

(2) if the instrument creating the trust does not specify a time period, for the time period that is necessary for a trustee of the trust to accomplish the purposes for which the trust was created.

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Cite this article: FindLaw.com - Utah Code Title 75B. Trusts § 75B-1-203. Income permitted to accumulate - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-75b-trusts/ut-code-sect-75b-1-203/

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