reglab/housing_qa huggingface dataset:
UT Code § 70A-9a-407 (2021)
2021 Utah Code|Title 70A - Uniform Commercial Code|Chapter 9a - Uniform Commercial Code - Secured Transactions|Part 4 - Rights of Third Parties|Section 407 - Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest.

70A-9a-407. Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest.    (1) Except as otherwise provided in Subsection (2), a term in a lease agreement is ineffective to the extent that it:   (a) prohibits, restricts, or requires the consent of a party to the lease to the assignment or transfer of, or the creation, attachment, perfection, or enforcement of a security interest in, an interest of a party under the lease contract or in the lessor's residual interest in the goods; or     (b) provides that the assignment or transfer or the creation, attachment, perfection, or enforcement of the security interest may give rise to a default, breach, right of recoupment, claim, defense, termination, right of termination, or remedy under the lease.       (2) Except as otherwise provided in Subsection 70A-2a-303(7), a term described in Subsection (1)(b) is effective to the extent that there is:   (a) a transfer by the lessee of the lessee's right of possession or use of the goods in violation of the term; or     (b) a delegation of a material performance of either party to the lease contract in violation of the term.       (3) The creation, attachment, perfection, or enforcement of a security interest in the lessor's interest under the lease contract or the lessor's residual interest in the goods is not a transfer that materially impairs the lessee's prospect of obtaining return performance or materially changes the duty of or materially increases the burden or risk imposed on the lessee within the purview of Subsection 70A-2a-303(4) unless, and then only to the extent that, enforcement actually results in a delegation of material performance of the lessor.    Enacted by Chapter 252, 2000 General Session
UT Code § 70A-9a-409 (2021)
2021 Utah Code|Title 70A - Uniform Commercial Code|Chapter 9a - Uniform Commercial Code - Secured Transactions|Part 4 - Rights of Third Parties|Section 409 - Restrictions on assignment of letter-of-credit rights ineffective.

70A-9a-409. Restrictions on assignment of letter-of-credit rights ineffective.    (1) A term in a letter of credit or a rule of law, statute, regulation, custom, or practice applicable to the letter of credit which prohibits, restricts, or requires the consent of an applicant, issuer, or nominated person to a beneficiary's assignment of or creation of a security interest in a letter-of-credit right is ineffective to the extent that the term or rule of law, statute, regulation, custom, or practice:   (a) would impair the creation, attachment, or perfection of a security interest in the letter-of-credit right; or     (b) provides that the assignment or the creation, attachment, or perfection of the security interest may give rise to a default, breach, right of recoupment, claim, defense, termination, right of termination, or remedy under the letter-of-credit right.       (2) To the extent that a term in a letter of credit is ineffective under Subsection (1) but would be effective under law other than this chapter or a custom or practice applicable to the letter of credit, to the transfer of a right to draw or otherwise demand performance under the letter of credit, or to the assignment of a right to proceeds of the letter of credit, the creation, attachment, or perfection of a security interest in the letter-of-credit right:   (a) is not enforceable against the applicant, issuer, nominated person, or transferee beneficiary;     (b) imposes no duties or obligations on the applicant, issuer, nominated person, or transferee beneficiary; and     (c) does not require the applicant, issuer, nominated person, or transferee beneficiary to recognize the security interest, pay or render performance to the secured party, or accept payment or other performance from the secured party.      Enacted by Chapter 252, 2000 General Session
UT Code § 70A-9a-501 (2021)
2021 Utah Code|Title 70A - Uniform Commercial Code|Chapter 9a - Uniform Commercial Code - Secured Transactions|Part 5 - Filing|Section 501 - Filing office.

70A-9a-501. Filing office.    (1) Except as otherwise provided in Subsection (2), if the local law of this state governs perfection of a security interest or agricultural lien, the office in which to file a financing statement to perfect the security interest or agricultural lien is:   (a) the office designated for the filing or recording of a record of a mortgage on the related real property, if:   (i) the collateral is as-extracted collateral or timber to be cut; or     (ii) the financing statement is filed as a fixture filing and the collateral is goods that are or are to become fixtures; or       (b) the Division of Corporations and Commercial Code, in all other cases, including a case in which the collateral is goods that are or are to become fixtures and the financing statement is not filed as a fixture filing.       (2) The office in which to file a financing statement to perfect a security interest in collateral, including fixtures, of a transmitting utility is the Division of Corporations and Commercial Code. The financing statement also constitutes a fixture filing as to the collateral indicated in the financing statement which is or is to become fixtures.    Enacted by Chapter 252, 2000 General Session
UT Code § 70A-9a-502 (2021)
2021 Utah Code|Title 70A - Uniform Commercial Code|Chapter 9a - Uniform Commercial Code - Secured Transactions|Part 5 - Filing|Section 502 - Contents of financing statement -- Record of mortgage as financing statement -- Time of filing financing statement.

70A-9a-502. Contents of financing statement -- Record of mortgage as financing statement -- Time of filing financing statement.    (1) Subject to Subsection (2), a financing statement is sufficient only if it:   (a) provides the name of the debtor;     (b) provides the name of the secured party or a representative of the secured party; and     (c) indicates the collateral covered by the financing statement.       (2) Except as otherwise provided in Subsection 70A-9a-501(2), to be sufficient, a financing statement that covers as-extracted collateral or timber to be cut, or which is filed as a fixture filing and covers goods that are or are to become fixtures, must satisfy Subsection (1) and also:   (a) indicate that it covers this type of collateral;     (b) indicate that it is to be filed for record in the real property records;     (c) provide a legal description of the real property to which the collateral is related; and     (d) if the debtor does not have an interest of record in the real property, provide the name of a record owner.       (3) A record of a mortgage is effective, from the date of recording, as a financing statement filed as a fixture filing or as a financing statement covering as-extracted collateral or timber to be cut only if:   (a) the record indicates the goods or accounts that it covers;     (b) the goods are or are to become fixtures related to the real property described in the record or the collateral is related to the real property described in the record and is as-extracted collateral or timber to be cut;     (c) the record satisfies the requirements for a financing statement in this section, but:   (i) the record need not indicate that it is to be filed in the real property records; and     (ii) the record sufficiently provides the name of a debtor who is an individual if it provides the individual name of the debtor or the surname and first personal name of the debtor, even if the debtor is an individual to whom Subsection 70A-9a-503(1)(d) applies; and       (d) the record is recorded.       (4) A financing statement may be filed before a security agreement is made or a security interest otherwise attaches.     (5)   (a) The requirements of Title 57, Real Estate, do not apply to a financing statement filed or recorded in a filing office described in Subsection 70A-9a-501(1)(a) that:   (i) covers as-extracted collateral or timber to be cut; or     (ii)   (A) is filed as a fixture filing; and     (B) covers goods that are or are to become fixtures.         (b) For purposes of Subsection (5)(a), the requirements of Title 57, Real Estate, include requirements related to:   (i) execution;     (ii) acknowledgment;     (iii) certification; and     (iv) originality.        Amended by Chapter 225, 2013 General Session
UT Code § 70A-9a-504 (2021)
2021 Utah Code|Title 70A - Uniform Commercial Code|Chapter 9a - Uniform Commercial Code - Secured Transactions|Part 5 - Filing|Section 504 - Indication of collateral.

70A-9a-504. Indication of collateral.  A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:  (1) a description of the collateral pursuant to Section 70A-9a-108; or     (2) an indication that the financing statement covers all assets or all personal property.    Enacted by Chapter 252, 2000 General Session
UT Code § 70A-9a-505 (2021)
2021 Utah Code|Title 70A - Uniform Commercial Code|Chapter 9a - Uniform Commercial Code - Secured Transactions|Part 5 - Filing|Section 505 - Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions.

70A-9a-505. Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions.    (1) A consignor, lessor, or other bailor of goods, a licensor, or a buyer of a payment intangible or promissory note may file a financing statement, or may comply with a statute or treaty described in Subsection 70A-9a-311(1), using the terms "consignor," "consignee," "lessor," "lessee," "bailor," "bailee," "licensor," "licensee," "owner," "registered owner," "buyer," "seller," or words of similar import, instead of the terms "secured party" and "debtor."     (2) This part applies to the filing of a financing statement under Subsection (1) and, as appropriate, to compliance that is equivalent to filing a financing statement under Subsection 70A-9a-311(2), but the filing or compliance is not of itself a factor in determining whether the collateral secures an obligation. If it is determined for another reason that the collateral secures an obligation, a security interest held by the consignor, lessor, bailor, licensor, owner, or buyer which attaches to the collateral is perfected by the filing or compliance.    Enacted by Chapter 252, 2000 General Session
UT Code § 70A-9a-506 (2021)
2021 Utah Code|Title 70A - Uniform Commercial Code|Chapter 9a - Uniform Commercial Code - Secured Transactions|Part 5 - Filing|Section 506 - Effect of errors or omissions.

70A-9a-506. Effect of errors or omissions.    (1) A financing statement substantially satisfying the requirements of this part is effective, even if it has minor errors or omissions, unless the errors or omissions make the financing statement seriously misleading.     (2) Except as otherwise provided in Subsection (3), a financing statement that fails sufficiently to provide the name of the debtor in accordance with Subsection 70A-9a-503(1) is seriously misleading.     (3) If a search of the records of the filing office under the debtor's correct name, using the filing office's standard search logic, if any, would disclose a financing statement that fails sufficiently to provide the name of the debtor in accordance with Subsection 70A-9a-503(1), the name provided does not make the financing statement seriously misleading.     (4) For purposes of Subsection 70A-9a-508(2), the "debtor's correct name" in Subsection (3) means the correct name of the new debtor.    Enacted by Chapter 252, 2000 General Session
UT Code § 70A-9a-507 (2021)
2021 Utah Code|Title 70A - Uniform Commercial Code|Chapter 9a - Uniform Commercial Code - Secured Transactions|Part 5 - Filing|Section 507 - Effect of certain events on effectiveness of financing statement.

70A-9a-507. Effect of certain events on effectiveness of financing statement.    (1) A filed financing statement remains effective with respect to collateral that is sold, exchanged, leased, licensed, or otherwise disposed of and in which a security interest or agricultural lien continues, even if the secured party knows of or consents to the disposition.     (2) Except as otherwise provided in Subsection (3) and Section 70A-9a-508, a financing statement is not rendered ineffective if, after the financing statement is filed, the information provided in the financing statement becomes seriously misleading under Section 70A-9a-506.     (3) If the name that a filed financing statement provides for a debtor becomes insufficient as the name of the debtor under Subsection 70A-9a-503(1) so that the financing statement becomes seriously misleading under Section 70A-9a-506:   (a) the financing statement is effective to perfect a security interest in collateral acquired by the debtor before, or within four months after, the filed financing statement becomes seriously misleading; and     (b) the financing statement is not effective to perfect a security interest in collateral acquired by the debtor more than four months after the filed financing statement becomes seriously misleading, unless an amendment to the financing statement which renders the financing statement not seriously misleading is filed within four months after the financing statement became seriously misleading.      Amended by Chapter 225, 2013 General Session
UT Code § 70A-9a-508 (2021)
2021 Utah Code|Title 70A - Uniform Commercial Code|Chapter 9a - Uniform Commercial Code - Secured Transactions|Part 5 - Filing|Section 508 - Effectiveness of financing statement if new debtor becomes bound by security agreement.

70A-9a-508. Effectiveness of financing statement if new debtor becomes bound by security agreement.    (1) Except as otherwise provided in this section, a filed financing statement naming an original debtor is effective to perfect a security interest in collateral in which a new debtor has or acquires rights to the extent that the financing statement would have been effective had the original debtor acquired rights in the collateral.     (2) If the difference between the name of the original debtor and that of the new debtor causes a filed financing statement that is effective under Subsection (1) to be seriously misleading under Section 70A-9a-506:   (a) the financing statement is effective to perfect a security interest in collateral acquired by the new debtor before, and within four months after, the new debtor becomes bound under Subsection 70A-9a-203(4); and     (b) the financing statement is not effective to perfect a security interest in collateral acquired by the new debtor more than four months after the new debtor becomes bound under Subsection 70A-9a-203(4) unless an initial financing statement providing the name of the new debtor is filed before the expiration of that time.       (3) This section does not apply to collateral as to which a filed financing statement remains effective against the new debtor under Subsection 70A-9a-507(1).    Enacted by Chapter 252, 2000 General Session
UT Code § 70A-9a-509 (2021)
2021 Utah Code|Title 70A - Uniform Commercial Code|Chapter 9a - Uniform Commercial Code - Secured Transactions|Part 5 - Filing|Section 509 - Persons entitled to file a record.

70A-9a-509. Persons entitled to file a record.    (1) A person may file an initial financing statement, amendment that adds collateral covered by a financing statement, or amendment that adds a debtor to a financing statement only if:   (a) the debtor authorizes the filing in an authenticated record or pursuant to Subsection (2) or (3); or     (b) the person holds an agricultural lien that has become effective at the time of filing and the financing statement covers only collateral in which the person holds an agricultural lien.       (2) By authenticating or becoming bound as debtor by a security agreement, a debtor or new debtor authorizes the filing of an initial financing statement, and an amendment, covering:   (a) the collateral described in the security agreement; and     (b) property that becomes collateral under Subsection 70A-9a-315(1)(b), whether or not the security agreement expressly covers proceeds.       (3) By acquiring collateral in which a security interest or agricultural lien continues under Subsection 70A-9a-315(1)(a), a debtor authorizes the filing of an initial financing statement, and an amendment, covering the collateral and property that becomes collateral under Subsection 70A-9a-315(1)(b).     (4) A person may file an amendment other than an amendment that adds collateral covered by a financing statement or an amendment that adds a debtor to a financing statement only if:   (a) the secured party of record authorizes the filing; or     (b) the amendment is a termination statement for a financing statement as to which the secured party of record has failed to file or send a termination statement as required by Subsection 70A-9a-513(1) or (3), the debtor authorizes the filing, and the termination statement indicates that the debtor authorized it to be filed.       (5) If there is more than one secured party of record for a financing statement, each secured party of record may authorize the filing of an amendment under Subsection (4).    Enacted by Chapter 252, 2000 General Session
UT Code § 70A-9a-510 (2021)
2021 Utah Code|Title 70A - Uniform Commercial Code|Chapter 9a - Uniform Commercial Code - Secured Transactions|Part 5 - Filing|Section 510 - Effectiveness of filed record.

 Effective 5/12/2015  70A-9a-510. Effectiveness of filed record.    (1) A filed record is effective only to the extent that it was filed by a person that may file it under Section 70A-9a-509 or by the filing office under Section 70A-9a-513.5.     (2) A record authorized by one secured party of record does not affect the financing statement with respect to another secured party of record.     (3) A continuation statement that is not filed within the six-month period prescribed by Subsection 70A-9a-515(4) is ineffective.    Amended by Chapter 228, 2015 General Session
UT Code § 70A-9a-511 (2021)
2021 Utah Code|Title 70A - Uniform Commercial Code|Chapter 9a - Uniform Commercial Code - Secured Transactions|Part 5 - Filing|Section 511 - Secured party of record.

70A-9a-511. Secured party of record.    (1) A secured party of record with respect to a financing statement is a person whose name is provided as the name of the secured party or a representative of the secured party in an initial financing statement that has been filed. If an initial financing statement is filed under Subsection 70A-9a-514(1), the assignee named in the initial financing statement is the secured party of record with respect to the financing statement.     (2) If an amendment of a financing statement which provides the name of a person as a secured party or a representative of a secured party is filed, the person named in the amendment is a secured party of record. If an amendment is filed under Subsection 70A-9a-514(2), the assignee named in the amendment is a secured party of record.     (3) A person remains a secured party of record until the filing of an amendment of the financing statement which deletes the person.    Enacted by Chapter 252, 2000 General Session
UT Code § 70A-9a-512 (2021)
2021 Utah Code|Title 70A - Uniform Commercial Code|Chapter 9a - Uniform Commercial Code - Secured Transactions|Part 5 - Filing|Section 512 - Amendment of financing statement.

70A-9a-512. Amendment of financing statement.    (1) Subject to Section 70A-9a-509, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or, subject to Subsection (5), otherwise amend the information provided in, a financing statement by filing an amendment that:   (a) identifies, by its file number, the initial financing statement to which the amendment relates; and     (b) if the amendment relates to an initial financing statement filed or recorded in a filing office described in Subsection 70A-9a-501(1)(a), provides:   (i)   (A) the entry number of the initial financing statement; or     (B) the book and page where the initial financing statement was filed or recorded; and       (ii) the information specified in Subsection 70A-9a-502(2).         (2) Except as otherwise provided in Section 70A-9a-515, the filing of an amendment does not extend the period of effectiveness of the financing statement.     (3) A financing statement that is amended by an amendment that adds collateral is effective as to the added collateral only from the date of the filing of the amendment.     (4) A financing statement that is amended by an amendment that adds a debtor is effective as to the added debtor only from the date of the filing of the amendment.     (5) An amendment is ineffective to the extent it:   (a) purports to delete all debtors and fails to provide the name of a debtor to be covered by the financing statement; or     (b) purports to delete all secured parties of record and fails to provide the name of a new secured party of record.      Enacted by Chapter 252, 2000 General Session
UT Code § 70A-9a-513 (2021)
2021 Utah Code|Title 70A - Uniform Commercial Code|Chapter 9a - Uniform Commercial Code - Secured Transactions|Part 5 - Filing|Section 513 - Termination statement.

70A-9a-513. Termination statement.    (1) A secured party shall cause the secured party of record for a financing statement to file a termination statement for the financing statement if the financing statement covers consumer goods and:   (a) there is no obligation secured by the collateral covered by the financing statement and no commitment to make an advance, incur an obligation, or otherwise give value; or     (b) the debtor did not authorize the filing of the initial financing statement.       (2) To comply with Subsection (1), a secured party shall cause the secured party of record to file the termination statement:   (a) within one month after there is no obligation secured by the collateral covered by the financing statement and no commitment to make an advance, incur an obligation, or otherwise give value; or     (b) if earlier, within 20 days after the secured party receives an authenticated demand from a debtor.       (3) In cases not governed by Subsection (1), within 20 days after a secured party receives an authenticated demand from a debtor, the secured party shall cause the secured party of record for a financing statement to send to the debtor a termination statement for the financing statement or file the termination statement in the filing office if:   (a) except in the case of a financing statement covering accounts or chattel paper that has been sold or goods that are the subject of a consignment, there is no obligation secured by the collateral covered by the financing statement and no commitment to make an advance, incur an obligation, or otherwise give value;     (b) the financing statement covers accounts or chattel paper that has been sold but as to which the account debtor or other person obligated has discharged its obligation;     (c) the financing statement covers goods that were the subject of a consignment to the debtor but are not in the debtor's possession; or     (d) the debtor did not authorize the filing of the initial financing statement.       (4) Except as otherwise provided in Section 70A-9a-510, upon the filing of a termination statement with the filing office, the financing statement to which the termination statement relates ceases to be effective. Except as otherwise provided in Section 70A-9a-510, for purposes of Subsections 70A-9a-519(7), 70A-9a-522(1), and 70A-9a-525(3), the filing with the filing office of a termination statement relating to a financing statement that indicates that the debtor is a transmitting utility also causes the effectiveness of the financing statement to lapse.    Enacted by Chapter 252, 2000 General Session