Utah Code 59-7-103. Chapter applicable to receivers, trustees in bankruptcy and assignees
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Terms Used In Utah Code 59-7-103
- Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
Unless otherwise provided in this chapter, receivers, trustees in bankruptcy, and assignees for creditors required to make returns under this chapter shall be subject to the provisions of this chapter.
Repealed and Re-enacted by Chapter 169, 1993 General Session