75A-5-304. Notice.
(1) A fiduciary shall send a notice required by Subsectionin a manner authorized under Sectionto: 75A-5-303 (2)(b) 75B-2-109 the qualified beneficiaries determined under Subsection; 75B-2-103(8) each person acting, in accordance with, as trust director of the trust; and Title 75, Chapter 12, Uniform Directed Trust Act each person that is granted a power by the terms of the trust to appoint or remove a trustee or person described in Subsection, to the extent the power is exercisable when the person that exercises the power is not then serving as trustee or is a person described in Subsection. (1)(b) (1)(b)
(2) The representation provisions of Title 75B, Chapter 2, Part 3, Representation, apply to notice under this section.
(3) A person may consent in a record at any time to action proposed under Subsection. 75A-5-303 (2)(b) If a person required to receive a notice under Subsectionconsents under Subsectionto not receive the notice, the fiduciary is not required to send the person the notice. (1) (3)(a)
(4) A notice required by Subsectionshall include: 75A-5-303 (2)(b) the action proposed under Subsection; 75A-5-303 (2)(b) for a conversion of an income trust to a unitrust, a copy of the unitrust policy adopted under Subsection; 75A-5-303 (1)(a) for a change in the percentage or method used to calculate the unitrust amount, a copy of the unitrust policy or amendment or replacement of the unitrust policy adopted under Subsection; 75A-5-303 (1)(b) a statement that the person to which the notice is sent may object to the proposed action by stating in a record the basis for the objection and sending or delivering the record to the fiduciary; the date by which the fiduciary shall receive an objection under Subsection, which shall be at least 30 days after the date the notice is sent; (4)(d) the date on which the action is proposed to be taken and the date on which the action is proposed to take effect; the name and contact information of the fiduciary; and the name and contact information of a person that may be contacted for additional information.