Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Senate moves forward with uniform fiduciary law tweaks in SB45
Summary
Senators approved a first-substitute to SB45 to clarify unitrust definitions and related fiduciary practices; sponsor said changes came from the Uniform Law Commission and practitioner feedback and the bill moved to third reading by unanimous roll call.
SALT LAKE CITY — The Utah Senate advanced a first substitute to Senate Bill 45 on amendments to the Uniform Fiduciary Income and Principal Act, with sponsor Senator Hilliard telling colleagues the changes were technical fixes recommended by the Uniform Law Commission and an estate-planning attorney.
Senator Hilliard said the substitute clarifies unitrust definitions and…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
