Utah Code § 75B-1-305

Illusory agreement.

Last amended: 2025Year: 2026Length: 47 wordsOfficial source
An agreement or understanding, express or implied, between a settlor and a trustee of an asset protection trust is void if that agreement or understanding attempts to grant or permit the retention by the settlor of greater rights or authority than is stated in the trust instrument.
Utah Code § 75B-1-305: Illusory agreement. | Justis AI