Utah § 25-6-402 Governing law.

Utah Statutes

§ 25-6-402 — Governing law.

Utah·Title 25 Fraud·Ch. 25-6 Uniform Voidable Transactions Act·Part 25-6-4 Applicability and Construction

(1)In this section, the following rules determine the debtor's location:

(1)(a) a debtor who is an individual is located at the individual's principal residence;

(1)(b) a debtor that is an organization and has only one place of business is located at its place of business; and

(1)(c) a debtor that is an organization and has more than one place of business is located at its chief executive office.

(2)A claim for relief in the nature of a claim for relief under this chapter is governed by the local law of the jurisdiction in which the debtor is located when the transfer is made or the obligation is incurred.

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(1) In this section, the following rules determine the debtor's location:

(1)(a) a debtor who is an individual is located at the individual's principal residence;
(1)(b) a debtor that is an organization and has only one place of business is located at its place of business; and
(1)(c) a debtor that is an organization and has more than one place of business is located at its chief executive office.
(2) A claim for relief in the nature of a claim for relief under this chapter is governed by the local law of the jurisdiction in which the debtor is located when the transfer is made or the obligation is incurred.

Utah § 25-6-402 (Governing law.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.