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Utah Code § 7-28-107

Property interest of depositor or beneficiary

Enacted by Chapter 482, 2025 General Session

(1) Neither a depositor nor a beneficiary has a property interest in a special deposit.

(2)

(a) Any property interest with respect to a special deposit is only in the right to receive payment if the bank is obligated to pay a beneficiary and not in the special deposit itself.

(b) Any property interest under this Subsection (2) is determined under other law.

Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.