Receiver as lien creditor.
Utah Code § 31A-27a-507
in effect31A-27a-507. Receiver as lien creditor.
(1) The receiver may avoid a transfer of or lien on the property of, or obligation incurred by, an insurer that the insurer or a policyholder, creditor, member, or stockholder of the insurer:
(a) may have avoided without regard to any knowledge of:
(i) the receiver;
(ii) the commissioner;
(iii) the insurer; or
(iv) a policyholder, creditor, member, or stockholder of the insurer; and
(b) whether or not a policyholder, creditor, member, or stockholder described in this Subsection (1) exists.
(2) The receiver is considered a creditor without knowledge for purposes of pursuing claims under:
(a) Title 25, Chapter 6, Uniform Voidable Transactions Act; or
(b) similar provisions of state or federal law.
Amended by Chapter 204, 2017 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title31A/Chapter27A/31A-27a-S507.html?v=C31A-27a-S507_2017050920170509Fetched: 10/26/2026
