Utah § 25-6-302 - Transfer -- When made.

Full text of Utah Utah Code § 25-6-302 — Transfer -- When made., with citation guidance and answers to common questions.

§ 25-6-302. Transfer -- When made.

Effective 5/9/2017
25-6-302.  Transfer -- When made.
     In this chapter:
(1) a transfer is made:
(a) with respect to an asset that is real property other than a fixture, but including the interest of a seller or purchaser under a contract for the sale of the asset, when the transfer is so far perfected that a good faith purchaser of the asset from the debtor against which applicable law permits the transfer to be perfected cannot acquire an interest in the asset that is superior to the interest of the transferee; and
(b) with respect to an asset that is not real property or that is a fixture, when the transfer is so far perfected that a creditor on a simple contract cannot acquire a judicial lien other than under this chapter that is superior to the interest of the transferee;
(2) if applicable law permits the transfer to be perfected as provided in Subsection (1) and the transfer is not so perfected before the commencement of an action for relief under this chapter, the transfer is deemed made immediately before the commencement of the action;
(3) if applicable law does not permit the transfer to be perfected as provided in Subsection (1), the transfer is made when it becomes effective between the debtor and the transferee;
(4) a transfer is not made until the debtor has acquired rights in the asset transferred; and
(5) an obligation is incurred:
(a) if oral, when it becomes effective between the parties; or
(b) if evidenced by a record, when the record signed by the obligor is delivered to or for the benefit of the obligee.


Renumbered and Amended by Chapter 204, 2017 General Session

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Frequently Asked Questions About Utah § 25-6-302

What does Utah Code § 25-6-302 cover?

Section 25-6-302 ("Transfer -- When made.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Utah § 25-6-302?

A common citation format is "Utah Code § 25-6-302" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Utah law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.

How does Utah § 25-6-302 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Utah.