GroundRules
Utah Code § 70A-12a-305: Priority.
Where this section sits in the code
- Title 70A Uniform Commercial Code
- Chapter 70A-12a Uniform Commercial Code - Transitional Provisions For Uniform Commercial Code Amendments (2022)
- Part 70A-12a-3 Transitional Provisions For Chapter 9a, Uniform Commercial Code - Secured Transactions And Chapter 12, Uniform Commercial Code - Controllable Electronic Records
(1) Subject to Subsections (2) and (3), this chapter determines the priority of conflicting claims to collateral.
(2) Subject to Subsection (3), if the priorities of claims to collateral were established before May 6, 2026, Chapter 9a, Uniform Commercial Code - Secured Transactions, as in effect before May 6, 2026, determines priority.
(3) On the adjustment date, to the extent the priorities determined by Chapter 9a, Uniform Commercial Code - Secured Transactions, as amended by this chapter modify the priorities established before May 6, 2026, the priorities of claims to Article 12 property and electronic money established before May 6, 2026, cease to apply.
Collected 2026-09-03T11:34:34Z. Source file · JSON