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Code · Utah · Title 6 — Assignment for Benefit of Creditors · Chapter 2

6-2-102. Scope.

132 words·~1 min read·/ut/title-6/chapter-2/6-2-102

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Effective 5/6/2026
6-2-102. Scope.
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).
Enacted by Chapter 314 , 2026 General Session
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