78B-6-1302. Definitions.
98 words·~1 min read·
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78B-6-1302. Definitions.
As used in this part:
(1)"Claimant" means a person who files a notice.
(2)"Guarantee" means an agreement by a claimant to pay an amount of damages:
(a)specified by the court;
(b)suffered as a result of the maintenance of a notice;
(c)to a person with an interest in the real property that is the subject of the notice; and
(d)if the requirements of Subsection 78B-6-1304(5) are met.
(3)"Notice" means a notice of the pendency of an action filed under Section 78B-6-1303 .
Enacted by Chapter 3 , 2008 General Session