59-18-111 - Duties of trustee of trust subject to supervision by specified charitable organization. - Utah Statutes

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59-18-111. Duties of trustee of trust subject to supervision by specified charitableorganization.
The trustee of a trust subject to the supervision by a specified public charitableorganization or organizations, as provided in Subsection 59-18-109(5), shall file with eachspecified charitable organization:
(1) a trust copy of the governing instrument together with a written report, under oath,setting forth complete information as to the nature of the assets and liabilities with the delivery ofthe release pursuant to Subsection 59-18-109(4) or the filing of the election under Section59-18-110;
(2) an annual report, within 4-1/2 months following the close of each year, setting forth acomplete statement of receipts, disbursements, assets (together with cost and market value ofeach asset), and liabilities; and
(3) such other information as the public charitable organization or organizations deemnecessary to compel proper administration of the trust.

Renumbered and Amended by Chapter 2, 1987 General Session

State Codes and Statutes

Statutes > Utah > Title-59 > Chapter-18 > 59-18-111

59-18-111. Duties of trustee of trust subject to supervision by specified charitableorganization.
The trustee of a trust subject to the supervision by a specified public charitableorganization or organizations, as provided in Subsection 59-18-109(5), shall file with eachspecified charitable organization:
(1) a trust copy of the governing instrument together with a written report, under oath,setting forth complete information as to the nature of the assets and liabilities with the delivery ofthe release pursuant to Subsection 59-18-109(4) or the filing of the election under Section59-18-110;
(2) an annual report, within 4-1/2 months following the close of each year, setting forth acomplete statement of receipts, disbursements, assets (together with cost and market value ofeach asset), and liabilities; and
(3) such other information as the public charitable organization or organizations deemnecessary to compel proper administration of the trust.

Renumbered and Amended by Chapter 2, 1987 General Session

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State Codes and Statutes

Statutes > Utah > Title-59 > Chapter-18 > 59-18-111

59-18-111. Duties of trustee of trust subject to supervision by specified charitableorganization.
The trustee of a trust subject to the supervision by a specified public charitableorganization or organizations, as provided in Subsection 59-18-109(5), shall file with eachspecified charitable organization:
(1) a trust copy of the governing instrument together with a written report, under oath,setting forth complete information as to the nature of the assets and liabilities with the delivery ofthe release pursuant to Subsection 59-18-109(4) or the filing of the election under Section59-18-110;
(2) an annual report, within 4-1/2 months following the close of each year, setting forth acomplete statement of receipts, disbursements, assets (together with cost and market value ofeach asset), and liabilities; and
(3) such other information as the public charitable organization or organizations deemnecessary to compel proper administration of the trust.

Renumbered and Amended by Chapter 2, 1987 General Session