Utah Statutes

§ 70A-9a-605 — Unknown debtor or secondary obligor.

Utah·Title 70A Uniform Commercial Code·Ch. 70A-9a Uniform Commercial Code - Secured Transactions·Part 70A-9a-6 Default

A secured party does not owe a duty based on its status as secured party:

(1)to a person that is a debtor or obligor, unless the secured party knows:
(1)(a) that the person is a debtor or obligor;
(1)(b) the identity of the person; and
(1)(c) how to communicate with the person; or
(2)to a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:
(2)(a) that the person is a debtor; and
(2)(b) the identity of the person.

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Utah § 70A-9a-605 (Unknown debtor or secondary obligor.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Enacted by Chapter 252, 2000 General Session

Nearby Sections

15
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