State Codes and Statutes
Statutes > Utah > Title-75 > Chapter-07 > 75-7-100375-7-1003. Damages in absence of breach.
(1) A trustee is accountable to an affected beneficiary for any profit made by the trusteearising from the administration of the trust, even absent a breach of trust.
(2) Absent a breach of trust, a trustee is not liable to a beneficiary for a loss ordepreciation in the value of trust property or for not having made a profit.
Enacted by Chapter 89, 2004 General Session
