Utah § 4a-703 - Recovery of securities or value by owner.
Full text of Utah Utah Code § 4a-703 — Recovery of securities or value by owner., with citation guidance and answers to common questions.
§ 4a-703. Recovery of securities or value by owner.
67-4a-703. Recovery of securities or value by owner.
| (1) | The administrator may not be held liable for any loss or gain in the value that the financial instrument would have obtained had the financial instrument been held instead of being sold. |
| (2) | Upon approval of a claim, the owner, heir, or agent may request the administrator to dispose of the securities by sale and remit the net proceeds to the owner, heir, or agent. |
| (3) | Upon disapproval of the claim, the administrator may dispose of the securities by sale. |
Repealed and Re-enacted by Chapter 371, 2017 General Session
Source: official Utah text · Last verified 2026-08-27
Frequently Asked Questions About Utah § 4a-703
What does Utah Code § 4a-703 cover?
Section 4a-703 ("Recovery of securities or value by owner.") 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 § 4a-703?
A common citation format is "Utah Code § 4a-703" (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 § 4a-703 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.