70A-2-304 - Price payable in money, goods, realty, or otherwise. - Utah Statutes

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70A-2-304. Price payable in money, goods, realty, or otherwise.

(1) The price can be made payable in money or otherwise. If it is payable in whole or inpart in goods each party is a seller of the goods which he is to transfer.
(2) Even though all or part of the price is payable in an interest in realty the transfer of thegoods and the seller's obligations with reference to them are subject to this chapter, but not thetransfer of the interest in realty or the transferor's obligations in connection therewith.

Enacted by Chapter 154, 1965 General Session

State Codes and Statutes

Statutes > Utah > Title-70a > Chapter-02 > 70a-2-304

70A-2-304. Price payable in money, goods, realty, or otherwise.

(1) The price can be made payable in money or otherwise. If it is payable in whole or inpart in goods each party is a seller of the goods which he is to transfer.
(2) Even though all or part of the price is payable in an interest in realty the transfer of thegoods and the seller's obligations with reference to them are subject to this chapter, but not thetransfer of the interest in realty or the transferor's obligations in connection therewith.

Enacted by Chapter 154, 1965 General Session

State Codes and Statutes

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State Codes and Statutes

Statutes > Utah > Title-70a > Chapter-02 > 70a-2-304

70A-2-304. Price payable in money, goods, realty, or otherwise.

(1) The price can be made payable in money or otherwise. If it is payable in whole or inpart in goods each party is a seller of the goods which he is to transfer.
(2) Even though all or part of the price is payable in an interest in realty the transfer of thegoods and the seller's obligations with reference to them are subject to this chapter, but not thetransfer of the interest in realty or the transferor's obligations in connection therewith.

Enacted by Chapter 154, 1965 General Session