Utah Code § 75B-2-1003

Damages in absence of breach.

Last amended: 2025Year: 2026Length: 61 wordsOfficial source
(1) A trustee is accountable to an affected beneficiary for any profit made by the trustee arising 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 or depreciation in the value of trust property or for not having made a profit.
Utah Code § 75B-2-1003: Damages in absence of breach. | Justis AI