State Codes and Statutes

Statutes > Utah > Title-75 > Chapter-05 > 75-5-503

75-5-503. Power of attorney -- Prohibitions and restrictions.
A power of attorney may not be construed to grant authority to an attorney-in-fact oragent to perform any of the following, unless expressly authorized in the power of attorney:
(1) create, modify, or revoke an inter vivos revocable trust created by the principal;
(2) fund, with the principal's property, a trust not created by the principal or by a personauthorized to create a trust on behalf of the principal;
(3) make or revoke a gift of the principal's property, in trust or otherwise; or
(4) designate or change the designation of beneficiaries to receive any property, benefit,or contract right on the principal's death.

Enacted by Chapter 241, 2003 General Session

State Codes and Statutes

Statutes > Utah > Title-75 > Chapter-05 > 75-5-503

75-5-503. Power of attorney -- Prohibitions and restrictions.
A power of attorney may not be construed to grant authority to an attorney-in-fact oragent to perform any of the following, unless expressly authorized in the power of attorney:
(1) create, modify, or revoke an inter vivos revocable trust created by the principal;
(2) fund, with the principal's property, a trust not created by the principal or by a personauthorized to create a trust on behalf of the principal;
(3) make or revoke a gift of the principal's property, in trust or otherwise; or
(4) designate or change the designation of beneficiaries to receive any property, benefit,or contract right on the principal's death.

Enacted by Chapter 241, 2003 General Session


State Codes and Statutes

State Codes and Statutes

Statutes > Utah > Title-75 > Chapter-05 > 75-5-503

75-5-503. Power of attorney -- Prohibitions and restrictions.
A power of attorney may not be construed to grant authority to an attorney-in-fact oragent to perform any of the following, unless expressly authorized in the power of attorney:
(1) create, modify, or revoke an inter vivos revocable trust created by the principal;
(2) fund, with the principal's property, a trust not created by the principal or by a personauthorized to create a trust on behalf of the principal;
(3) make or revoke a gift of the principal's property, in trust or otherwise; or
(4) designate or change the designation of beneficiaries to receive any property, benefit,or contract right on the principal's death.

Enacted by Chapter 241, 2003 General Session