Utah § 78B-6-1239 Distribution of securities to parties entitled.

Utah Statutes

§ 78B-6-1239 — Distribution of securities to parties entitled.

Utah § 78B-6-1239

Title 78BJudicial Code

Ch. 78B-6Particular Proceedings

Part 78B-6-12Partition

This text of Utah § 78B-6-1239 (Distribution of securities to parties entitled.) 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. § 78B-6-1239 (2026).

Text

If security is taken by the referees on a sale, and the parties interested in the security, by an instrument in writing delivered to the referees, agree upon the shares and proportions to which they are respectively entitled, or when shares and proportions have been previously adjudged by the court, the securities shall be taken in the names of, and payable to, the parties respectively entitled, and shall be delivered to the parties upon their receipt.  The agreement and receipt shall be filed with the clerk of the court.

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If security is taken by the referees on a sale, and the parties interested in the security, by an instrument in writing delivered to the referees, agree upon the shares and proportions to which they are respectively entitled, or when shares and proportions have been previously adjudged by the court, the securities shall be taken in the names of, and payable to, the parties respectively entitled, and shall be delivered to the parties upon their receipt. The agreement and receipt shall be filed with the clerk of the court.