Scope -- Choice of law -- Forum.
Utah Code § 7-28-102
in effect7-28-102. Scope -- Choice of law -- Forum.
(1) This chapter applies to a special deposit under an account agreement that states the intention of the parties to establish a special deposit governed by this chapter, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to this state.
(2) The parties to an account agreement may choose a forum in this state for settling a dispute arising out of the special deposit, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to this state.
(3) This chapter does not affect:
(a) a right or obligation relating to a deposit other than a special deposit under this chapter; or
(b) the voidability of a deposit or transfer that is fraudulent or voidable under other law.
Enacted by Chapter 482, 2025 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title7/Chapter28/7-28-S102.html?v=C7-28-S102_2025050720250507Fetched: 10/26/2026
