{"data":{"id":"us-ut/utah-code-70a-9a-205","jurisdiction":"us-ut","citation":"Utah Code § 70A-9a-205","heading":"Use or disposition of collateral permissible.","body":"(1) A security interest is not invalid or fraudulent against creditors solely because:\n(a) the debtor has the right or ability to:\n(i) use, commingle, or dispose of all or part of the collateral, including returned or repossessed goods;\n(ii) collect, compromise, enforce, or otherwise deal with collateral;\n(iii) accept the return of collateral or make repossessions; or\n(iv) use, commingle, or dispose of proceeds; or\n(b) the secured party fails to require the debtor to account for proceeds or replace collateral.\n(2) This section does not relax the requirements of possession if attachment, perfection, or enforcement of a security interest depends upon possession of the collateral by the secured party.","path":["Title 70A Uniform Commercial Code","Chapter 70A-9a Uniform Commercial Code - Secured Transactions","Part 70A-9a-2 Effectiveness of Security Agreement - Attachment of Security Interest - Rights of Parties to Security Agreement"],"source_url":"https://le.utah.gov/xcode/Title70A/Chapter9a/70A-9a-S205.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:34Z","sha256":"a9ce741f63fb18cd24133067876f4a4f23692a9ccbfbd079e81a396183a597a4","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-70a-9a-204","next":"us-ut/utah-code-70a-9a-206"},"notice":"GroundRules: Original legal text. Not legal advice."}