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Utah Code § 70A-12a-102

Definitions

Enacted by Chapter 322, 2026 General Session

(1) In this chapter:

(a) "Adjustment date" means July 1, 2025, or the date that is one year after May 6, 2026, whichever is later.

(b) "Article 12" means Chapter 12, Uniform Commercial Code - Controllable Electronic Records.

(c) "Article 12 property" means a controllable account, controllable electronic record, or controllable payment intangible.

(2) The following definitions in other chapters of this title apply to this chapter:

(a) "Controllable account," Section 70A-9a-102.

(b) "Controllable electronic record," Section 70A-12-102.

(c) "Controllable payment intangible," Section 70A-9a-102.

(d) "Electronic money," Section 70A-9a-102.

(e) "Financing statement," Section 70A-9a-102.

(3) Chapter 1a, Uniform Commercial Code - General Provisions, contains general definitions and principles of construction and interpretation applicable throughout this chapter.

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