Utah Statutes

§ 78B-6-1221 — Lienholders required to exhaust other security first.

Utah·Title 78B Judicial Code·Ch. 78B-6 Particular Proceedings·Part 78B-6-12 Partition
Any party to the action, who holds a lien upon the property or any portion of it and has other securities for the payment of the amount of the lien may be required by the court to exhaust the other securities before a distribution of the proceeds of sale. The court may also order a just reduction to be made from the amount of the lien on the property in the amount of the securities.

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Utah § 78B-6-1221 (Lienholders required to exhaust other security first.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Renumbered and Amended by Chapter 3, 2008 General Session

Nearby Sections

15
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