Utah Code — Title 59 (Revenue and Taxation)

Utah Code § 59-18-102

Definitions

As used in this chapter:

# (1)

Section references, unless otherwise indicated, are to the Internal Revenue Code of 1954, as in effect on January 1, 1970.

# (2)

"Charitable organization" means an organization described in Section 501(c)(3) and exempt from tax under Section 501(a).

# (3)

"Private foundation trust" means a trust (including a trust described in Section 4947(a)(1)) as defined in Section 509(a).

# (4)

"Split interest trust" means a trust for individual and charitable beneficiaries that is subject to the provisions of Section 4947(a)(2).

# (5)

"Trust" means an express trust created by a trust instrument, including a will.

# (6)

"Trustee" means the trustee, trustees, person, or persons possessing a power or powers referred to in this chapter.
Renumbered and

Last amended: Amended by Chapter 2, 1987 General Session

In this chapter (12 sections)