Utah Code 70A-9a-501. Filing office
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(1) Except as otherwise provided in Subsection (2) , if the local law of this state governs perfection of a security interest or agricultural lien, the office in which to file a financing statement to perfect the security interest or agricultural lien is:
Terms Used In Utah Code 70A-9a-501
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
(1)(a) the office designated for the filing or recording of a record of a mortgage on the related real property, if:
(1)(a)(i) the collateral is as-extracted collateral or timber to be cut; or
(1)(a)(ii) the financing statement is filed as a fixture filing and the collateral is goods that are or are to become fixtures; or
(1)(b) the Division of Corporations and Commercial Code, in all other cases, including a case in which the collateral is goods that are or are to become fixtures and the financing statement is not filed as a fixture filing.
(2) The office in which to file a financing statement to perfect a security interest in collateral, including fixtures, of a transmitting utility is the Division of Corporations and Commercial Code. The financing statement also constitutes a fixture filing as to the collateral indicated in the financing statement which is or is to become fixtures.