Title 78B - Judicial Code - Chapter 6 - Particular Proceedings - Part 12 - Partition - Section 1220 - Proceeds of sale of encumbered property -- Disposition of.

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Utah Code

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78B-6-1220 Proceeds of sale of encumbered property -- Disposition of. The proceeds of the sale of encumbered property shall be applied under the direction of the

court, as follows: (1) to pay its just proportion of the general costs of the action; (2) to pay the costs of the reference; (3) to satisfy and cancel all recorded liens in their order of priority, by payment of the sums due and

to become due; the amount due to be verified by affidavit at the time of payment; (4) the residue among the owners of the property sold according to their respective shares therein.

Renumbered and Amended by Chapter 3, 2008 General Session