Utah Code § 6-2-102
Scope
Utah · Utah Code Title 6 — Assignment for Benefit of Creditors · Status: effective
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- Citation
- Utah Code § 6-2-102, Scope, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2324233
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Full text
This chapter applies to an assignment made by an assignor that is:
(1) an organization whose principal place of business is in this state;
(2) an organization whose internal affairs are governed by other law of this state;
(3) an individual whose principal residence is in this state;
(4) an organization wholly owned, directly or indirectly, by an assignor that satisfies Subsection (1), (2), or (3); or
(5) an organization that:
(a) is partly owned, directly or indirectly, and controlled by an assignor that satisfies Subsection (1), (2), or (3);
(b) has no place of business or employees; and
(c) relies on the services the organization receives from an assignor that satisfies Subsection (1), (2), or (3).