{"data":{"id":"us-ut/utah-code-78b-21-125","jurisdiction":"us-ut","citation":"Utah Code § 78B-21-125","heading":"Effect of enforcement by mortgagee.","body":"(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:\n(a) make the mortgagee a mortgagee in possession of the real property;\n(b) make the mortgagee an agent of the owner;\n(c) constitute an election of remedies that precludes a later action to enforce the secured obligation;\n(d) make the secured obligation unenforceable;\n(e) limit any right available to the mortgagee with respect to the secured obligation;\n(f) constitute an action within the meaning of Section 78B-6-901; or\n(g) except as otherwise provided in Subsection (2), bar a deficiency judgment pursuant to law of this state other than this chapter governing or relating to a deficiency judgment.\n(2) If a receiver sells receivership property that pursuant to Subsection 78B-21-116(3) is free and clear of a lien, the ability of a creditor to enforce an obligation that had been secured by the lien is subject to law of the state other than this chapter relating to a deficiency judgment.","path":["Title 78B Judicial Code","Chapter 78B-21 Uniform Commercial Real Estate Receivership Act"],"source_url":"https://le.utah.gov/xcode/Title78B/Chapter21/78B-21-S125.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:34Z","sha256":"fdaada5d8a024026d0402505af7ce429029682d05c7dfd187a17838de276a7d3","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-78b-21-124","next":"us-ut/utah-code-78b-21-126"},"notice":"GroundRules: Original legal text. Not legal advice."}