UTAH CODE (Last Updated: January 16, 2015) |
Title 78B. Judicial Code |
Chapter 6. Particular Proceedings |
Part 12. Partition |
§ 78B-6-1237. Investment of sale proceeds for nonresidents or unknown parties.
Latest version.
- When there are proceeds of a sale belonging to an unknown owner or to a person outside the state who has no legal representative inside the state, the proceeds shall be invested in bonds of the United States, this state, or a political subdivision of the state for the benefit of the persons entitled the proceeds.
Renumbered and Amended by Chapter 3, 2008 General Session