Utah § 59-7-116.5 - Real estate investment trusts.
Full text of Utah Utah Code § 59-7-116.5 — Real estate investment trusts., with citation guidance and answers to common questions.
§ 59-7-116.5. Real estate investment trusts.
| (1) | A real estate investment trust that is not a captive real estate investment trust shall be taxed on the same income taxed for federal purposes under the Internal Revenue Code. |
| (2) | Any income taxable under this section shall be taxed at the same rate and in the same manner provided for in this chapter. |
Amended by Chapter 389, 2008 General Session
Source: official Utah text · Last verified 2026-08-27
Frequently Asked Questions About Utah § 59-7-116.5
What does Utah Code § 59-7-116.5 cover?
Section 59-7-116.5 ("Real estate investment trusts.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Utah § 59-7-116.5?
A common citation format is "Utah Code § 59-7-116.5" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Utah law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.
How does Utah § 59-7-116.5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Utah.