Utah Code » Title 70A, Chapter 9a — Uniform Commercial Code - Secured Transactions; part 70A-9a-3 — Perfection and Priority
Utah Code

Utah Code § 70A-9a-318 (2026)

No interest retained in right to payment that is sold -- Rights and title of seller of account or chattel paper with respect to creditors and purchasers

✓ current as of May 2026
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A debtor that has sold an account, chattel paper, payment intangible, or promissory note does not retain a legal or equitable interest in the collateral sold.
For purposes of determining the rights of creditors of, and purchasers for value of an account or chattel paper from, a debtor that has sold an account or chattel paper, while the buyer's security interest is unperfected, the debtor is deemed to have rights and title to the account or chattel paper identical to those the debtor sold.
Notes of Decisions
Cited in 2 cases, 2015–2015 · leading case: Jubber v. re C.W. Mining Co. Coal Proceeds (In re C.W. Mining Co.), 530 B.R. 878 (Bankr. D. Utah 2015).
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Jubber v. re C.W. Mining Co. Coal Proceeds (In re C.W. Mining Co.), 530 B.R. 878 (Bankr. D. Utah 2015). · cites it 11× “Utah Code Ann. § 70A-9a-318, Uniform Commercial Code .”
Rushton v. Stand. Indus., Inc. (In re C.W. Mining Co.), 531 B.R. 862 (Bankr. D. Utah 2015). · cites it 4× “Utah Code Ann. § 70A-9a-318 (emphasis added).”
— Utah Code § 70A-9a-318(1) — 1 case
Jubber v. re C.W. Mining Co. Coal Proceeds (In re C.W. Mining Co.), 530 B.R. 878 (Bankr. D. Utah 2015). “Utah Code Ann. § 70A-9a-318, Uniform Commercial Code .”
— Utah Code § 70A-9a-318(2) — 1 case
Jubber v. re C.W. Mining Co. Coal Proceeds (In re C.W. Mining Co.), 530 B.R. 878 (Bankr. D. Utah 2015). “Utah Code Ann. § 70A-9a-318, Uniform Commercial Code .”
— Utah Code § 70A-9a-318(l) — 1 case
Jubber v. re C.W. Mining Co. Coal Proceeds (In re C.W. Mining Co.), 530 B.R. 878 (Bankr. D. Utah 2015). “Utah Code Ann. § 70A-9a-318, Uniform Commercial Code .”
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