Utah Code 67-4a-103. Inapplicability to foreign transaction
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Terms Used In Utah Code 67-4a-103
- Property: includes :
(i) all income from or increments to the property; (iii) a bond, debenture, note, or other evidence of indebtedness; (iv) money deposited to redeem a security, make a distribution, or pay a dividend; (v) an amount due and payable under an annuity contract or insurance policy; (vi) an amount distributable from a trust or custodial fund established under a plan to provide health, welfare, pension, vacation, severance, retirement, death, stock purchase, profit-sharing, employee-savings, supplemental-unemployment insurance, or a similar benefit; and (vii) an amount held under a preneed funeral or burial contract, other than a contract for burial rights or opening and closing services, where the contract has not been serviced following the death or the presumed death of the beneficiary. See Utah Code 67-4a-102 67-4a-103. Inapplicability to foreign transaction.
This chapter does not apply to property held, due, and owing in a foreign country if the transaction out of which the property arose was a foreign transaction.Repealed and Re-enacted by Chapter 371, 2017 General Session