Utah Code 78B-5-509. Waiver of exemptions in favor of unsecured creditor unenforceable
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Terms Used In Utah Code 78B-5-509
- Levy: means the seizure of property pursuant to any legal process issued for the purpose of collecting an unsecured debt. See Utah Code 78B-5-502
- Property: includes both real and personal property. See Utah Code 68-3-12.5
A waiver of exemptions executed in favor of an unsecured creditor before levy on an individual’s property is unenforceable.
Renumbered and Amended by Chapter 3, 2008 General Session