75A-5-306. Unitrust rate.
(1) Except as otherwise provided in Subsection, a unitrust rate may be: 75A-5-309(2)(a) a fixed unitrust rate; or a unitrust rate that is determined for each period using: a market index or other published data; or a mathematical blend of market indices or other published data over a stated number of preceding periods.
(2) Except as otherwise provided in Subsection, a unitrust policy may provide: 75A-5-309(2)(a) a limit on how high the unitrust rate determined under Subsection (1)(b) may rise; a limit on how low the unitrust rate determined under Subsection (1)(b) may fall; a limit on how much the unitrust rate determined under Subsection (1)(b) may increase over the unitrust rate for the preceding period or a mathematical blend of unitrust rates over a stated number of preceding periods; a limit on how much the unitrust rate determined under Subsection (1)(b) may decrease below the unitrust rate for the preceding period or a mathematical blend of unitrust rates over a stated number of preceding periods; or a mathematical blend of any of the unitrust rates determined under Subsection (1)(b) and Subsections (2)(a) through (d).