Duties of assignor.

Utah Code § 6-2-107, under Chapter 6-2: Uniform Assignment for Benefit of Creditors.

Utah Code § 6-2-107

6-2-107. Duties of assignor.

(1) Subject to Section, an assignor has a duty to take all reasonable actions necessary for the assignee to administer the assignment, the assigned assets, and the assignment estate. 6-2-121

(2) In furtherance of the duty under Subsection, the assignor shall: (1) preserve and turn over to the assignee the assigned assets in the assignor's possession or control; provide to the assignee information reasonably necessary to administer the assignment, the assigned assets, and the assignment estate; sign any record reasonably necessary to transfer an assigned asset and comply with any notarization required under other law; designate, and provide the assignee with the name, address, and other contact information reasonably necessary to communicate with, an appropriate person willing and able to act as a representative on behalf of the assignor as may be reasonably necessary to administer the assignment, the assigned assets, and the assignment estate; if the assignment includes a legal or equitable interest in real property or titled personal property, cooperate with the assignee in taking actions under Section; 6-2-105 on or as soon as practicable after the effective date of the assignment agreement, provide the assignee: a list of all assets; a list of all the assignor's employees, including those whose employment is terminated in connection with the assignment; and a list of all the assignor's known creditors, including, for each creditor, the creditor's address and other contact information reasonably necessary to communicate with the creditor; verify under penalty of perjury the accuracy of the lists required under Subsection; (2)(f) with respect to a legal or equitable interest in property restricted from assignment, cooperate with the assignee to obtain consent from a person whose consent to assign the interest is necessary under other law; and provide assistance to the assignee as required by the assignment agreement.

(3) The duties in this section also apply to a representative designated under Subsection. (2)(d)