Utah Code Ann. tit. 70A, ch. 8, pt. 5 – Security Entitlements | Midpage

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Part 5

Utah Code Ann. tit. 70A, ch. 8, pt. 5

Security Entitlements

70A-8-501Securities account -- Acquisition of security entitlement from securities intermediary.70A-8-502Assertion of adverse claim against entitlement holder.70A-8-503Property interest of entitlement holder in financial asset held by securities intermediary.70A-8-504Duty of securities intermediary to maintain financial asset.70A-8-505Duty of securities intermediary with respect to payments and distributions.70A-8-506Duty of securities intermediary to exercise rights as directed by entitlement holder.70A-8-507Duty of securities intermediary to comply with entitlement order.70A-8-508Duty of securities intermediary to change entitlement holder's position to other form of security holding.70A-8-509Specification of duties of securities intermediary by other statute or regulation -- Manner of performance of duties of securities intermediary and exercise of rights of entitlement holder.70A-8-510Rights of purchaser of security entitlement from entitlement holder.70A-8-511Priority among security interests and entitlement holders.