Utah Admin. Code R652-22-301 - Termination

To terminate a trust agreement for any reason, the terminating party shall provide 120 days advance written notice. Upon termination, the grantee shall:

(1) cause the fiduciary to return any unexpended portion of the state grant money to the division;
(2) cause the fiduciary to prepare a written, itemized report satisfying Subsection 63J-1-220(2)(b)(ii) by describing the trust's total expenditure of all state grant money received; and
(3) ensure all required reports associated with the state grant money are submitted to the division.

Notes

Utah Admin. Code R652-22-301
Adopted by Utah State Bulletin Number 2025-01, effective 12/23/2024

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