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Proceeds of sale of encumbered property -- Disposition of.

Utah Code § 78B-6-1220
in effect
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78B-6-1220. Proceeds of sale of encumbered property -- Disposition of. The proceeds of the sale of encumbered property shall be applied under the direction of the court, as follows: (1) to pay its just proportion of the general costs of the action; (2) to pay the costs of the reference; (3) to satisfy and cancel all recorded liens in their order of priority, by payment of the sums due and to become due; the amount due to be verified by affidavit at the time of payment; (4) the residue among the owners of the property sold according to their respective shares therein. Renumbered and Amended by Chapter 3, 2008 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title78B/Chapter6/78B-6-S1220.html?v=C78B-6-S1220_1800010118000101Fetched: 10/26/2026

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