Section 1209 – Real estate conveyed to a trust under the Statutory Rule Against Perpetuities.
75-2-1209. Real estate conveyed to a trust under the Statutory Rule Against Perpetuities. On or after the effective date, when title to real property is granted to the trustee of a trust governed by Title 75, Chapter 2, Part 12, Statutory Rule Against Perpetuities, the terms of the trust, provisions regarding the appointment of successor […]
Section 1301 – Transitional provisions.
75-2-1301. Transitional provisions. (1) On July 1, 1998: (a) Any act done in any proceeding and any right accrued before July 1, 1998, is not impaired by the provisions of this title. (b) If a right is acquired, extinguished, or barred on the expiration of a prescribed period of time which has commenced to run […]
Section 1401 – Title.
Effective 8/31/2020 75-2-1401. Title. This part is known as the “Uniform Electronic Wills Act.” Enacted by Chapter 1, 2020 Special Session 6
Section 1402 – Definitions.
Effective 8/31/2020 75-2-1402. Definitions. As used in this part: (1) “Electronic” means relating to technology having electrical, digital, magnetic, wireless, optical, electromagnetic, or similar capabilities. (2) “Electronic presence” means the relationship of two or more individuals in different locations communicating in real time to the same extent as if the individuals were physically present in […]
Section 902 – Duty of custodian of will — Liability.
Effective 5/9/2017 75-2-902. Duty of custodian of will — Liability. After the death of a testator and on request of an interested person, a person having custody of a will of the testator shall deliver it with reasonable promptness to a person able to secure its probate. A person who wilfully fails to deliver a […]
Section 1001 – Honorary trusts — Trusts for pets.
75-2-1001. Honorary trusts — Trusts for pets. (1) Subject to Subsection (3), if a trust is for a specific lawful noncharitable purpose or for a lawful noncharitable purpose to be selected by the trustee and there is no definite or definitely ascertainable beneficiary designated, the trust may be performed by the trustee for 21 years […]
Section 1201 – Statutory Rule Against Perpetuities.
75-2-1201. Statutory Rule Against Perpetuities. This part is known as the “Statutory Rule Against Perpetuities.” Amended by Chapter 301, 2003 General Session
Section 1202 – Uniformity of application and construction.
75-2-1202. Uniformity of application and construction. This part shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this section among states enacting it. Enacted by Chapter 39, 1998 General Session
Section 1203 – Validity of nonvested property interest — Validity of general power of appointment subject to a condition precedent — Validity of nongeneral or testamentary power of appointment — Effect of certain “later-of” type language.
75-2-1203. Validity of nonvested property interest — Validity of general power of appointment subject to a condition precedent — Validity of nongeneral or testamentary power of appointment — Effect of certain “later-of” type language. (1) A nonvested property interest is invalid unless within 1,000 years after the interest’s creation the interest vests or terminates. (2) […]
Section 1204 – When nonvested property interest or power of appointment created.
75-2-1204. When nonvested property interest or power of appointment created. (1) Except as provided in Subsections (2) and (3) and in Section 75-2-1207, the time of creation of a nonvested property interest or a power of appointment is determined under general principles of property law. (2) For purposes of this part, if there is a […]