Utah § 31A-27a-507 Receiver as lien creditor.

Utah Statutes

§ 31A-27a-507 — Receiver as lien creditor.

Utah § 31A-27a-507

Title 31AInsurance Code

Ch. 31A-27aInsurer Receivership Act

Part 31A-27a-5Asset Recovery

This text of Utah § 31A-27a-507 (Receiver as lien creditor.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 31A-27a-507 (2026).

Text

(1)The receiver may avoid a transfer of or lien on the property of, or obligation incurred by, an insurer that the insurer or a policyholder, creditor, member, or stockholder of the insurer:

(1)(a) may have avoided without regard to any knowledge of:

(1)(a)(i) the receiver;

(1)(a)(ii) the commissioner;

(1)(a)(iii) the insurer; or

(1)(a)(iv) a policyholder, creditor, member, or stockholder of the insurer; and

(1)(b) whether or not a policyholder, creditor, member, or stockholder described in this Subsection (1) exists.

(2)The receiver is considered a creditor without knowledge for purposes of pursuing claims under:

(2)(a) Title 25, Chapter 6, Uniform Voidable Transactions Act; or

(2)(b) similar provisions of state or federal law.

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(1) The receiver may avoid a transfer of or lien on the property of, or obligation incurred by, an insurer that the insurer or a policyholder, creditor, member, or stockholder of the insurer:

(1)(a) may have avoided without regard to any knowledge of:
(1)(a)(i) the receiver;
(1)(a)(ii) the commissioner;
(1)(a)(iii) the insurer; or
(1)(a)(iv) a policyholder, creditor, member, or stockholder of the insurer; and
(1)(b) whether or not a policyholder, creditor, member, or stockholder described in this Subsection (1) exists.
(2) The receiver is considered a creditor without knowledge for purposes of pursuing claims under:

(2)(a) Title 25, Chapter 6, Uniform Voidable Transactions Act; or
(2)(b) similar provisions of state or federal law.