Utah Code § 70A-9a-332

Current through the 2024 Fourth Special Session
Section 70A-9a-332 - Transfer of money - Transfer of funds from deposit account
(1) A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party.
(2) A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account unless the transferee acts in collusion with the debtor in violating the rights of the secured party.

Utah Code § 70A-9a-332

Enacted by Chapter 252, 2000 General Session.