Terms Used In Utah Code 78B-21-128

  • Receiver: means a person appointed by the court as the court's agent, and subject to the court's direction, to take possession of, manage, and, if authorized by this chapter or court order, transfer, sell, lease, license, exchange, collect, or otherwise dispose of receivership property. See Utah Code 78B-21-102 v2
  • Receivership: means a proceeding in which a receiver is appointed. See Utah Code 78B-21-102 v2
     This chapter does not apply to a receivership for which the receiver was appointed before May 9, 2017.

Enacted by Chapter 431, 2017 General Session