Utah Code § 7-22-109: Priority of claims in case of insolvency.
Where this section sits in the code
- Title 7 Financial Institutions Act
- Chapter 7-22 Regulation of Independent Escrow Agents
If the commissioner takes possession of the business and property of the escrow agent in accordance with Title 7, Chapter 2, Possession of Depository Institution by Commissioner, or if the escrow agent files or is involuntarily placed into bankruptcy, or if a receiver, conservator, or liquidator is appointed to administer the affairs of the escrow agent, the claims of persons for losses relating to funds or property held in escrow shall have the same priority as claims of depositors in Section 7-2-15.
Collected 2026-09-03T11:34:33Z. Source file · JSON