Section 109 – Status of receiver as lien creditor.

Effective 5/9/2017
78B-21-109. Status of receiver as lien creditor.
On appointment of a receiver, the receiver has the status of a lien creditor under:

• (1)Title 70A, Chapter 9a, Uniform Commercial Code – Secured Transactions, as to receivership property that is personal property or fixtures; and

• (2)Title 57, Chapter 9, Marketable Record Title, as to receivership property that is real property.

Enacted by Chapter 431, 2017 General Session