Effective 5/9/2017 78B-21-123. Final report of receiver — Discharge. (1) On completion of a receiver’s duties, the receiver shall file a final report including: (a) a description of the activities of the receiver in the conduct of the receivership; (b) a list of receivership property at the commencement of the receivership and any receivership property […]
Effective 5/9/2017 78B-21-124. Receivership in another state — Ancillary proceeding. (1) The court may appoint a receiver appointed in another state, or that person’s nominee, as an ancillary receiver with respect to property located in this state or subject to the jurisdiction of the court for which a receiver could be appointed under this chapter, […]
Effective 5/9/2017 78B-21-125. Effect of enforcement by mortgagee. (1) A request by a mortgagee for appointment of a receiver, the appointment of a receiver, or application by a mortgagee of receivership property or proceeds to the secured obligation does not: (a) make the mortgagee a mortgagee in possession of the real property; (b) make the […]
Effective 5/9/2017 78B-21-126. Uniformity of application and construction. In applying and construing this uniform act, consideration shall be given to the need to promote uniformity of the law with respect to the law’s subject matter among states that enact it. Enacted by Chapter 431, 2017 General Session
Effective 5/9/2017 78B-21-127. Relation to Electronic Signatures in Global and National Commerce Act. This chapter modifies, limits, or supersedes the Electronic Signatures in Global and National Commerce Act, 15 U.S.C. Sec. 7001 et seq., but does not modify, limit, or supersede Section 101(c) of that act, 15 U.S.C. Sec. 7001(c), or authorize electronic delivery of […]
Effective 5/9/2017 78B-21-128. Transition. This chapter does not apply to a receivership for which the receiver was appointed before May 9, 2017. Enacted by Chapter 431, 2017 General Session
Effective 5/9/2017 78B-21-129. Finality of orders. A court order that is entered pursuant to this chapter and that resolves a discrete factual dispute or legal issue is a final appealable order within the meaning of Utah Rules of Civil Procedure, Rule 54(a), unless expressly stated otherwise in the court order. Enacted by Chapter 431, 2017 […]
