17 "DOCUMENT" means any writing, other than an instrument
18 of mortgage or copy thereof, which under the provisions of this act
19 is eligible for filing.
20 "DUE FILING" means filing in the form, and at any place or
21 places, and within the period, required for effectiveness under this
23 "DUE GIVING" of notice means actual personal com muni ca-
24 tion of notice orally or by writing, or actual delivery or tender of a
S. B. No. 174 By Mr. Musser
AN ACT TO MAKE UNIFORM THE LAW OF MORTGAGES OF
PERSONAL PROPERTY AND FOR THE PREVENTION OF
FRAUD IN SUCH MORTGAGES AND REPEALING SECTIONS 470, 471, 472, 473, 474, 475, 478, 479, 480, 481, 482, 483,
485, AND 487, TITLE 15, COMPILED LAWS OF UTAH, 1917.
Be it enacted by the Legislature of the State of Utah:
1 Section 1. In this act, unless the context or subject matter
2 otherwise requires:
3 "BOOK ACCOUNTS" means six or more debts representing the
4 price of services or goods supplied by a person in the course of such
5 person's business, which debts are not represented by promissory
6 writings of the debtor.
7 "DEFAULT" means the occurance of any event on which the
8 power of the mortgagee to foreclose accrues, whether such event is
9 the performance or non-performance of an act by a person or the
10 happening of a contingency, and whether such event is constituted *■>
11 a default by the terms of the mortgage or by this act.
12 "DISCHARGE" means and includes both the occurrence of the
13 act or event which under the terms of the mortgage is to. terminate ^
14 the interest of the mortgagee in the subject matter, and the de-
0 15 feasance of such interest by release, compromise or other superven- _/
16 ing fact. I