(1) The Business and Chancery Court is the trier of fact and law in an action before the Business and Chancery Court.
(2) Notwithstanding Section 78A-5a-103, the Business and Chancery Court shall transfer an action, or any claim in an action, to the district court if:
(a) a party to the action demands a trial by jury in accordance with the Utah Rules of Business and Chancery Procedure; and
(b) the Business and Chancery Court finds the party that made the demand has the right to a trial by jury on a claim in the action.
(3) Before the Business and Chancery Court transfers an action or a claim under Subsection (2), the Business and Chancery Court may:
(a) bifurcate the action and resolve all claims in which the party does not have a right to a trial by jury; and
(b) administrate and adjudicate the action or claim being transferred prior to a trial by jury, including any pleading, provisional remedy, discovery, or motion.