reglab/housing_qa huggingface dataset:
UT Code § 22-3-502 (2021)
2021 Utah Code|Title 22 - Fiduciaries and Trusts|Chapter 3 - Uniform Fiduciary Income and Principal Act|Part 5 - Allocation of Disbursements|Section 502 - Disbursement from principal.

 Effective 7/1/2020  22-3-502. Disbursement from principal.    (1) Subject to Section 22-3-505, and except as otherwise provided in Subsection 22-3-601(3)(b) or (c), a fiduciary shall disburse from principal:   (a) the balance of the disbursements described in Subsections 22-3-501(1) and (3), after application of Subsection 22-3-501(2);     (b) the fiduciary's compensation calculated on principal as a fee for acceptance, distribution, or termination;     (c) a payment of an expense to prepare for or execute a sale or other disposition of property;     (d) a payment on the principal of a trust debt;     (e) a payment of an expense of an accounting, judicial or nonjudicial proceeding, or other matter that involves primarily principal, including a proceeding to construe the terms of the trust or protect property;     (f) a payment of a premium for insurance, including title insurance, not described in Subsection 22-3-501(4), of which the fiduciary is the owner and beneficiary;     (g) a payment of an estate or inheritance tax or other tax imposed because of the death of a decedent, including penalties, apportioned to the trust; and     (h) a payment:   (i) related to environmental matters, including:   (A) reclamation;     (B) assessing environmental conditions;     (C) remedying and removing environmental contamination;     (D) monitoring remedial activities and the release of substances;     (E) preventing future releases of substances;     (F) collecting amounts from persons liable or potentially liable for the costs of activities described in Subsections (1)(h)(i)(A) through (E);     (G) penalties imposed under environmental laws or regulations;     (H) other actions to comply with environmental laws or regulations;     (I) statutory or common law claims by third parties; and     (J) defending claims based on environmental matters; and       (ii) for a premium for insurance for matters described in Subsection (1)(h)(i).         (2) If a principal asset is encumbered with an obligation that requires income from the asset to be paid directly to a creditor, the fiduciary shall transfer from principal to income an amount equal to the income paid to the creditor in reduction of the principal balance of the obligation.    Repealed and Re-enacted by Chapter 495, 2019 General Session
UT Code § 22-3-503 (2021)
2021 Utah Code|Title 22 - Fiduciaries and Trusts|Chapter 3 - Uniform Fiduciary Income and Principal Act|Part 5 - Allocation of Disbursements|Section 503 - Transfer from income to principal for depreciation.

 Effective 7/1/2020  22-3-503. Transfer from income to principal for depreciation.    (1) In this section, "depreciation" means a reduction in value due to wear, tear, decay, corrosion, or gradual obsolescence of a tangible asset having a useful life of more than one year.     (2) A fiduciary may transfer to principal a reasonable amount of the net cash receipts from a principal asset that is subject to depreciation, but may not transfer any amount for depreciation:   (a) of the part of real property used or available for use by a beneficiary as a residence;     (b) of tangible personal property held or made available for the personal use or enjoyment of a beneficiary; or     (c) under this section, to the extent the fiduciary accounts:   (i) under Section 22-3-410 for the asset; or     (ii) under Section 22-3-403 for the business or other activity in which the asset is used.         (3) An amount transferred to principal under this section need not be separately held.    Repealed and Re-enacted by Chapter 495, 2019 General Session
UT Code § 22-3-504 (2021)
2021 Utah Code|Title 22 - Fiduciaries and Trusts|Chapter 3 - Uniform Fiduciary Income and Principal Act|Part 5 - Allocation of Disbursements|Section 504 - Reimbursement of income from principal.

 Effective 7/1/2020  22-3-504. Reimbursement of income from principal.    (1) If a fiduciary makes or expects to make an income disbursement described in Subsection (2), the fiduciary may transfer an appropriate amount from principal to income in one or more accounting periods to reimburse income.     (2) To the extent the fiduciary has not been and does not expect to be reimbursed by a third party, income disbursements to which Subsection (1) applies include:   (a) an amount chargeable to principal but paid from income because principal is illiquid;     (b) a disbursement made to prepare property for sale, including improvements and commissions; and     (c) a disbursement described in Subsection 22-3-502(1).       (3) If an asset whose ownership gives rise to an income disbursement becomes subject to a successive interest after an income interest ends, the fiduciary may continue to make transfers under Subsection (1).    Repealed and Re-enacted by Chapter 495, 2019 General Session
UT Code § 22-3-505 (2021)
2021 Utah Code|Title 22 - Fiduciaries and Trusts|Chapter 3 - Uniform Fiduciary Income and Principal Act|Part 5 - Allocation of Disbursements|Section 505 - Reimbursement of principal from income.

 Effective 7/1/2020  22-3-505. Reimbursement of principal from income.    (1) If a fiduciary makes or expects to make a principal disbursement described in Subsection (2), the fiduciary may transfer an appropriate amount from income to principal in one or more accounting periods to reimburse principal or provide a reserve for future principal disbursements.     (2) To the extent that a fiduciary has not been and does not expect to be reimbursed by a third party, principal disbursements to which Subsection (1) applies include:   (a) an amount chargeable to income but paid from principal because income is not sufficient;     (b) the cost of an improvement to principal, regardless of whether the improvement is a change to an existing asset or the construction of a new asset, including a special assessment;     (c) a disbursement made to prepare property for rental, including tenant allowances, leasehold improvements, and commissions;     (d) a periodic payment on an obligation secured by a principal asset, to the extent that the amount transferred from income to principal for depreciation is less than the periodic payment; and     (e) a disbursement described in Subsection 22-3-502(1).       (3) If an asset whose ownership gives rise to a principal disbursement becomes subject to a successive interest after an income interest ends, the fiduciary may continue to make transfers under Subsection (1).    Amended by Chapter 348, 2020 General Session
UT Code § 22-3-506 (2021)
2021 Utah Code|Title 22 - Fiduciaries and Trusts|Chapter 3 - Uniform Fiduciary Income and Principal Act|Part 5 - Allocation of Disbursements|Section 506 - Income taxes.

 Effective 7/1/2020  22-3-506. Income taxes.    (1) A tax required to be paid by a fiduciary that is based on receipts allocated to income shall be paid from income.     (2) A tax required to be paid by a fiduciary that is based on receipts allocated to principal shall be paid from principal, even if the tax is called an income tax by the taxing authority.     (3) Subject to Subsection (4) and Sections 22-3-504, 22-3-505, and 22-3-507, a tax required to be paid by a fiduciary on a share of an entity's taxable income in an accounting period shall be paid from:   (a) income and principal proportionately to the allocation between income and principal of receipts from the entity in the period; and     (b) principal, to the extent that the tax exceeds the receipts from the entity in the accounting period.       (4) After applying Subsections (1) through (3), a fiduciary shall adjust income or principal receipts, to the extent that the taxes the fiduciary pays are reduced because of a deduction for a payment made to a beneficiary.    Amended by Chapter 348, 2020 General Session
UT Code § 22-3-507 (2021)
2021 Utah Code|Title 22 - Fiduciaries and Trusts|Chapter 3 - Uniform Fiduciary Income and Principal Act|Part 5 - Allocation of Disbursements|Section 507 - Adjustment between income and principal because of taxes.

 Effective 7/1/2020  22-3-507. Adjustment between income and principal because of taxes.    (1) A fiduciary may make an adjustment between income and principal to offset the shifting of economic interests or tax benefits between current income beneficiaries and successor beneficiaries that arises from:   (a) an election or decision the fiduciary makes regarding a tax matter, other than a decision to claim an income tax deduction to which Subsection (2) applies;     (b) an income tax or other tax imposed on the fiduciary or a beneficiary as a result of a transaction involving the fiduciary or a distribution by the fiduciary; or     (c) ownership by the fiduciary of an interest in an entity, a part of whose taxable income, regardless of whether the taxable income is distributed, is includable in the taxable income of the fiduciary or a beneficiary.       (2)   (a) If the amount of an estate tax marital or charitable deduction is reduced because a fiduciary deducts an amount paid from principal for income tax purposes instead of deducting the amount for estate tax purposes and, as a result, estate taxes paid from principal are increased and income taxes paid by the fiduciary or a beneficiary are decreased, the fiduciary shall charge each beneficiary that benefits from the decrease in income tax to reimburse the principal from which the increase in estate tax is paid.     (b) The total reimbursement must equal the increase in the estate tax, to the extent that the principal used to pay the increase would have qualified for a marital or charitable deduction but for the payment.     (c) The share of the reimbursement for each fiduciary or beneficiary whose income taxes are reduced shall be the same as the fiduciary's or beneficiary's share of the total decrease in income tax.       (3) A fiduciary that charges a beneficiary under Subsection (2) may offset the charge by obtaining payment from the beneficiary, withholding an amount from future distributions to the beneficiary, or adopting another method or combination of methods.    Amended by Chapter 348, 2020 General Session
UT Code § 22-3-602 (2021)
2021 Utah Code|Title 22 - Fiduciaries and Trusts|Chapter 3 - Uniform Fiduciary Income and Principal Act|Part 6 - Death of Individual or Termination of Income Interest|Section 602 - Distribution to successor beneficiary.

 Effective 7/1/2020  22-3-602. Distribution to successor beneficiary.    (1)   (a) Except to the extent Part 3, Unitrust, applies for a beneficiary that is a trust, each beneficiary described in Subsection 22-3-601(6) is entitled to receive a share of the net income equal to the beneficiary's fractional interest in undistributed principal assets, using values of the undistributed principal assets as of the distribution date.     (b) If a fiduciary makes more than one distribution of assets to beneficiaries to which this section applies, each beneficiary, including a beneficiary that does not receive part of the distribution, is entitled, as of each distribution date, to a share of the net income the fiduciary received after the decedent's death, an income interest's other terminating event, or the preceding distribution by the fiduciary.       (2) In determining a beneficiary's share of net income under Subsection (1):   (a) the beneficiary is entitled to receive a share of the net income equal to the beneficiary's fractional interest in the undistributed principal assets immediately before the distribution date;     (b) the beneficiary's fractional interest under Subsection (2)(a) shall be calculated:   (i) on the aggregate value of the assets as of the distribution date without reducing the value by any unpaid principal obligation; and     (ii) without regard to:   (A) property specifically given to a beneficiary under the decedent's will or the terms of the trust; and     (B) property required to pay pecuniary amounts not in trust; and         (c) the distribution date under Subsection (2)(a) may be the date on which the fiduciary calculates the value of the assets if that date is reasonably near the date on which the assets are distributed.       (3) To the extent that a fiduciary does not distribute under this section all the collected but undistributed net income to each beneficiary on or before a distribution date, the fiduciary shall maintain records showing the interest of each beneficiary in the net income.     (4) If this section applies to income from an asset, a fiduciary may apply Subsection (2) to net gain or loss realized from the disposition of the asset after the decedent's death, an income interest's terminating event, or the preceding distribution by the fiduciary.    Amended by Chapter 348, 2020 General Session
UT Code § 22-3-701 (2021)
2021 Utah Code|Title 22 - Fiduciaries and Trusts|Chapter 3 - Uniform Fiduciary Income and Principal Act|Part 7 - Apportionment at Beginning and End of Income Interest|Section 701 - When right to income begins and ends.

 Effective 7/1/2020  22-3-701. When right to income begins and ends.    (1)   (a) An income beneficiary is entitled to net income in accordance with the terms of the trust from the date on which an income interest begins.     (b) The income interest begins on the date that is specified in the terms of the trust or, if no date is specified, on the date an asset becomes subject to:   (i) the trust for the current income beneficiary; or     (ii) a successive interest for a successor beneficiary.         (2) An asset becomes subject to a trust under Subsection (1)(b)(i):   (a) for an asset that is transferred to the trust during the settlor's life, on the date the asset is transferred;     (b) for an asset that becomes subject to the trust because of a decedent's death, on the date of the decedent's death, even if there is an intervening period of administration of the decedent's estate; or     (c) for an asset that is transferred to a fiduciary by a third party because of a decedent's death, on the date of the decedent's death.       (3) An asset becomes subject to a successive interest under Subsection (1)(b)(ii) on the day after the preceding income interest ends, as determined under Subsection (4), even if there is an intervening period of administration to wind up the preceding income interest.     (4) An income interest ends on the day before an income beneficiary dies or another terminating event occurs or on the last day of a period during which there is no beneficiary to which a fiduciary is permitted or required to distribute income.    Amended by Chapter 348, 2020 General Session
UT Code § 22-3-702 (2021)
2021 Utah Code|Title 22 - Fiduciaries and Trusts|Chapter 3 - Uniform Fiduciary Income and Principal Act|Part 7 - Apportionment at Beginning and End of Income Interest|Section 702 - Apportionment of receipts and disbursements when decedent dies or income interest begins.

 Effective 7/1/2020  22-3-702. Apportionment of receipts and disbursements when decedent dies or income interest begins.    (1) A fiduciary shall allocate an income receipt or disbursement, other than a receipt to which Subsection 22-3-601(2) applies, to principal if the due date of the income receipt or disbursement occurs before the date on which:   (a) for an estate, the decedent died; or     (b) for a trust or successive interest, an income interest begins.       (2) If the due date of a periodic income receipt or disbursement occurs on or after the date on which a decedent died or an income interest begins, a fiduciary shall allocate the receipt or disbursement to income.     (3) If an income receipt or disbursement is not periodic or has no due date, a fiduciary shall:   (a) treat the receipt or disbursement under this section as accruing from day to day; and     (b) allocate:   (i) to principal, the portion of the receipt or disbursement accruing before the date on which a decedent died or an income interest begins; and     (ii) to income, the balance.         (4) A receipt or disbursement is periodic under Subsections (2) and (3) if:   (a) the receipt or disbursement shall be paid at regular intervals under an obligation to make payments; or     (b) the payor customarily makes payments at regular intervals.       (5)   (a) An item of income or obligation is due under this section on the date on which the payor is required to make a payment.     (b) If a payment date is not stated, there is no due date.       (6) Distributions to shareholders or other owners from an entity to which Section 22-3-401 applies are due:   (a) on the date fixed by or on behalf of the entity for determining the persons entitled to receive the distribution;     (b) if no date is fixed, on the date of the decision by or on behalf of the entity to make the distribution; or     (c) if no date is fixed and the fiduciary does not know the date of the decision by or on behalf of the entity to make the distribution, on the date the fiduciary learns of the decision.      Amended by Chapter 348, 2020 General Session
UT Code § 22-3-703 (2021)
2021 Utah Code|Title 22 - Fiduciaries and Trusts|Chapter 3 - Uniform Fiduciary Income and Principal Act|Part 7 - Apportionment at Beginning and End of Income Interest|Section 703 - Apportionment when income interest ends.

 Effective 7/1/2020  22-3-703. Apportionment when income interest ends.    (1) In this section:   (a) "Undistributed income" means net income received on or before the date on which an income interest ends.     (b) "Undistributed income" does not include an item of income or expense that is due or accrued or net income that has been added or is required to be added, to principal under the terms of the trust.       (2) Except as otherwise provided in Subsection (3), when a mandatory income interest of a beneficiary ends, the fiduciary shall pay the beneficiary's share of the undistributed income that is not disposed of under the terms of the trust to the beneficiary or, if the beneficiary does not survive the date that the interest ends, to the beneficiary's estate.     (3) If a beneficiary has an unqualified power to withdraw more than 5% of the value of a trust immediately before an income interest ends:   (a) the fiduciary shall allocate to principal the undistributed income from the portion of the trust that may be withdrawn; and     (b) Subsection (2) applies only to the balance of the undistributed income.       (4) When a fiduciary's obligation to pay a fixed annuity or a fixed fraction of the value of assets ends, the fiduciary shall prorate the final payment as required to preserve an income tax, gift tax, estate tax, or other tax benefit.    Amended by Chapter 348, 2020 General Session
UT Code § 22-3-801 (2021)
2021 Utah Code|Title 22 - Fiduciaries and Trusts|Chapter 3 - Uniform Fiduciary Income and Principal Act|Part 8 - Miscellaneous Provisions|Section 801 - Uniformity of application and construction.

 Effective 7/1/2020  22-3-801. Uniformity of application and construction.  In applying and construing this uniform act, consideration must be given to the need to promote uniformity of the law with respect to the uniform act's subject matter among states that enact it. Amended by Chapter 348, 2020 General Session
UT Code § 22-3-802 (2021)
2021 Utah Code|Title 22 - Fiduciaries and Trusts|Chapter 3 - Uniform Fiduciary Income and Principal Act|Part 8 - Miscellaneous Provisions|Section 802 - Relation to Electronic Signatures in Global and National Commerce Act.

 Effective 7/1/2020  22-3-802. Relation to Electronic Signatures in Global and National Commerce Act.  This chapter modifies, limits, or supersedes the Electronic Signatures in Global and National Commerce Act, 15 U.S.C. Sec. 7001 et seq., but does not modify, limit, or supersede Section 101(c) of that act, 15 U.S.C. Sec. 7001(c), or authorize electronic delivery of any of the notices described in Section 103(b) of that act, 15 U.S.C. Sec. 7003(b). Enacted by Chapter 495, 2019 General Session
UT Code § 22-3-803 (2021)
2021 Utah Code|Title 22 - Fiduciaries and Trusts|Chapter 3 - Uniform Fiduciary Income and Principal Act|Part 8 - Miscellaneous Provisions|Section 803 - Application to trust or estate.

 Effective 7/1/2020  22-3-803. Application to trust or estate.  This chapter applies to a trust or estate existing or created on or after July 1, 2020, except as otherwise expressly provided in the terms of the trust or this chapter. Amended by Chapter 348, 2020 General Session
UT Code § 22-3-804 (2021)
2021 Utah Code|Title 22 - Fiduciaries and Trusts|Chapter 3 - Uniform Fiduciary Income and Principal Act|Part 8 - Miscellaneous Provisions|Section 804 - Severability.

 Effective 7/1/2020  22-3-804. Severability.  If any provision of this chapter or the application of this chapter to any person or circumstance is held invalid, the invalidity does not affect other provisions or applications of this chapter that can be given effect without the invalid provision or application, and to this end the provisions of this chapter are severable. Amended by Chapter 348, 2020 General Session
UT Code § 23-27-101 (2021)
2021 Utah Code|Title 23 - Wildlife Resources Code of Utah|Chapter 27 - Aquatic Invasive Species Interdiction Act|Part 1 - General Provisions|Section 101 - Title.

23-27-101. Title.  This chapter is known as the "Aquatic Invasive Species Interdiction Act."  Enacted by Chapter 284, 2008 General Session
UT Code § 23-27-102 (2021)
2021 Utah Code|Title 23 - Wildlife Resources Code of Utah|Chapter 27 - Aquatic Invasive Species Interdiction Act|Part 1 - General Provisions|Section 102 - Definitions.

 Effective 7/1/2020  23-27-102. Definitions.  As used in this chapter:  (1) "Board" means the Wildlife Board.     (2)   (a) "Conveyance" means a terrestrial or aquatic vehicle or a vehicle part that may carry or contain a Dreissena mussel.     (b) "Conveyance" includes a motor vehicle, a vessel, a motorboat, a sailboat, a personal watercraft, a container, a trailer, a live well, or a bilge area.       (3) "Decontaminate" means to:   (a) drain and dry all non-treated water; and     (b) chemically or thermally treat in accordance with rule.       (4) "Director" means the director of the division.     (5) "Division" means the Division of Wildlife Resources.     (6) "Dreissena mussel" means a mussel of the genus Dreissena at any life stage, including a zebra mussel, a quagga mussel, and Conrad's false mussel.     (7) "Equipment" means an article, tool, implement, or device capable of carrying or containing:   (a) water; or     (b) a Dreissena mussel.       (8) "Executive director" means the executive director of the Department of Natural Resources.     (9) "Facility" means a structure that is located within or adjacent to a water body.     (10) "Infested water" means a geographic region, water body, facility, or water supply system within or outside the state that the board identifies in rule as carrying or containing a Dreissena mussel.     (11) "Vessel" means the same as that term is defined in Section 73-18-2.     (12) "Water body" means natural or impounded surface water, including a stream, river, spring, lake, reservoir, pond, wetland, tank, and fountain.     (13)   (a) "Water supply system" means a system that treats, conveys, or distributes water for irrigation, industrial, waste water treatment, or culinary use.     (b) "Water supply system" includes a pump, canal, ditch, or pipeline.     (c) "Water supply system" does not include a water body.      Amended by Chapter 195, 2020 General Session