Utah Code § 70A-9a-605

Current through the 2024 Fourth Special Session
Section 70A-9a-605 - Unknown debtor or secondary obligor

A secured party does not owe a duty based on its status as secured party:

(1) to a person that is a debtor or obligor, unless the secured party knows:
(a) that the person is a debtor or obligor;
(b) the identity of the person; and
(c) how to communicate with the person; or
(2) to a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:
(a) that the person is a debtor; and
(b) the identity of the person.

Utah Code § 70A-9a-605

Enacted by Chapter 252, 2000 General Session.