§ 70A-9a-401 Alienability of debtor’s rights
§ 70A-9a-402 Secured party not obligated on contract of debtor or in tort
§ 70A-9a-403 Agreement not to assert defenses against assignee
§ 70A-9a-404 Rights acquired by assignee — Claims and defenses against assignee
§ 70A-9a-405 Modification of assigned contract
§ 70A-9a-406 Discharge of account debtor — Notification of assignment — Identification and proof of assignment — Restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective
§ 70A-9a-407 Restrictions on creation or enforcement of security interest in leasehold interest or in lessor’s residual interest
§ 70A-9a-408 Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective
§ 70A-9a-409 Restrictions on assignment of letter-of-credit rights ineffective
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Terms Used In Utah Code > Title 70A > Chapter 9a > Part 4 - Rights of Third Parties

  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: means :
         (24)(a) an individual;
         (24)(b) an association;
         (24)(c) an institution;
         (24)(d) a corporation;
         (24)(e) a company;
         (24)(f) a trust;
         (24)(g) a limited liability company;
         (24)(h) a partnership;
         (24)(i) a political subdivision;
         (24)(j) a government office, department, division, bureau, or other body of government; and
         (24)(k) any other organization or entity. See Utah Code 68-3-12.5
  • Property: includes both real and personal property. See Utah Code 68-3-12.5
  • Statute: A law passed by a legislature.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.