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Utah · Through 2026 General Session

Utah Code § 70A-9a-306.2: Law governing perfection and priority of security interests in controllable accounts, controllable electronic records, and controllable payment intangibles.

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Where this section sits in the code
  1. Title 70A Uniform Commercial Code
  2. Chapter 70A-9a Uniform Commercial Code - Secured Transactions
  3. Part 70A-9a-3 Perfection and Priority

(1) Except as provided in Subsection (2), the local law of the controllable electronic record's jurisdiction specified in Subsections 70A-12-107(3) and (4) governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a controllable electronic record and a security interest in a controllable account or controllable payment intangible evidenced by the controllable electronic record.

(2) The local law of the jurisdiction in which the debtor is located governs:

(a) perfection of a security interest in a controllable account, controllable electronic record, or controllable payment intangible by filing; and

(b) automatic perfection of a security interest in a controllable payment intangible created by a sale of the controllable payment intangible.

Collected 2026-09-03T11:34:34Z. Source file · JSON

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