Utah Code 70A-9a-605. Unknown debtor or secondary obligor
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A secured party does not owe a duty based on its status as secured party:
(1) to a person that is a debtor or obligor, unless the secured party knows:
Terms Used In Utah Code 70A-9a-605
- Person: means :(24)(a) an individual;(24)(b) an association;(24)(c) an institution;(24)(d) a corporation;(24)(e) a company;(24)(f) a trust;(24)(g) a limited liability company;(24)(h) a partnership;(24)(i) a political subdivision;(24)(j) a government office, department, division, bureau, or other body of government; and(24)(k) any other organization or entity. See Utah Code 68-3-12.5(1)(a) that the person is a debtor or obligor;(1)(b) the identity of the person; and(1)(c) how to communicate with the person; or
(2) to a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:
(2)(a) that the person is a debtor; and
(2)(b) the identity of the person.