Perfection of security interests in property subject to certain statutes, regulations, and treaties.

Utah Code § 70A-9a-311, under Part 70A-9a-3: Perfection and Priority.

Utah Code § 70A-9a-311

70A-9a-311. Perfection of security interests in property subject to certain statutes, regulations, and treaties.

(1) Except as otherwise provided in Subsection, the filing of a financing statement is not necessary or effective to perfect a security interest in property subject to: (4) a statute, regulation, or treaty of the United States whose requirements for a security interest's obtaining priority over the rights of a lien creditor with respect to the property preempt Subsection; 70A-9a-310(1) Section; or 41-1a-601 a statute of another jurisdiction which provides for a security interest to be indicated on a certificate of title as a condition or result of the security interest's obtaining priority over the rights of a lien creditor with respect to the property.

(2) Compliance with the requirements of a statute, regulation, or treaty described in Subsectionfor obtaining priority over the rights of a lien creditor is equivalent to the filing of a financing statement under this chapter. Except as otherwise provided in Subsection, Section, and Subsectionsandfor goods covered by a certificate of title, a security interest in property subject to a statute, regulation, or treaty described in Subsectionmay be perfected only by compliance with those requirements, and a security interest so perfected remains perfected notwithstanding a change in the use or transfer of possession of the collateral. (1) (4) 70A-9a-313 70A-9a-316(4) (5) (1)

(3) Except as otherwise provided in Subsectionand Subsectionsand, duration and renewal of perfection of a security interest perfected by compliance with the requirements prescribed by a statute, regulation, or treaty described in Subsectionare governed by the statute, regulation, or treaty. In other respects, the security interest is subject to this chapter. (4) 70A-9a-316(4) (5) (1)

(4) During any period in which collateral subject to a statute specified in Subsectionis inventory held for sale or lease by a person or leased by that person as lessor and that person is in the business of selling goods of that kind, this section does not apply to a security interest in that collateral created by that person. (1)(b)