For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Bond premium allowable expense of fiduciary.

Utah Code § 31A-22-107
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
31A-22-107. Bond premium allowable expense of fiduciary. Any fiduciary required by law, or the court in providing a surety to secure the fiduciary's performance, may include as part of the expense of executing the fiduciary responsibility a reasonable premium paid to a surety for becoming the fiduciary's surety. However, the court may not allow an expense allowance greater than the larger of 1% of the surety's maximum obligation or $25. Enacted by Chapter 242, 1985 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title31A/Chapter22/31A-22-S107.html?v=C31A-22-S107_1800010118000101Fetched: 10/26/2026

Starting a business in Utah? Utah LLC guide: costs and requirements