Utah Code § 31A-27a-507
Receiver as lien creditor
Utah · Utah Code Title 31A — Insurance Code · Status: effective
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- Citation
- Utah Code § 31A-27a-507, Receiver as lien creditor, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2334160
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Full text
(1) The receiver may avoid a transfer of or lien on the property of, or obligation incurred by, an insurer that the insurer or a policyholder, creditor, member, or stockholder of the insurer:
(a) may have avoided without regard to any knowledge of:
(i) the receiver;
(ii) the commissioner;
(iii) the insurer; or
(iv) a policyholder, creditor, member, or stockholder of the insurer; and
(b) whether or not a policyholder, creditor, member, or stockholder described in this Subsection (1) exists.
(2) The receiver is considered a creditor without knowledge for purposes of pursuing claims under:
(a) Title 25, Chapter 6, Uniform Voidable Transactions Act; or
(b) similar provisions of state or federal law.