Transitional provision.

Utah Code § 7-28-115, under Part 7-28-1: Uniform Special Deposits Act.

Utah Code § 7-28-115

7-28-115. Transitional provision.

This chapter applies to:

(1) a special deposit made under an account agreement executed on or after May 7, 2025; and

(2) a deposit made under an agreement executed before May 7, 2025, if:

(a) all parties entitled to amend the agreement agree to make the deposit a special deposit governed by this chapter; and

(b) the special deposit referenced in the amended agreement satisfies Section 7-28-104.