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Form a Business

Income permitted to accumulate.

Utah Code § 75B-1-203
in effect
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75B-1-203. Income permitted to accumulate. The income arising from or earned by the property held in a retirement trust is permitted to accumulate, in accordance with the terms of the trust: (1) for the time period permitted by the instrument creating the trust; or (2) if the instrument creating the trust does not specify a time period, for the time period that is necessary for a trustee of the trust to accomplish the purposes for which the trust was created. Renumbered and Amended by Chapter 364, 2024 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title75B/Chapter1/75B-1-S203.html?v=C75B-1-S203_2024090120240501Fetched: 10/26/2026

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