Utah Third-party beneficiary is a legal term used to describe a person who benefits from a contract or agreement between two other parties, even though they are not parties to the contract. This can be a person or an organization that is designated by either party to the contract as eligible to receive the benefit of the contract. Under Utah law, a third-party beneficiary may be either an intended beneficiary or an incidental beneficiary. An intended beneficiary is one whose benefit was expressly stated in the contract, while an incidental beneficiary is one that was not specifically stated in the contract but is nonetheless entitled to the benefit. Examples of intended third-party beneficiaries would be a person named in a will or an insurance beneficiary, while an incidental beneficiary would be someone such as a creditor of one of the parties to the contract. Under Utah law, a third-party beneficiary is entitled to enforce the terms of the contract as if they were a party to it and may sue the other parties for breach of the contract. They may also be entitled to damages, specific performance, and other legal remedies for any breach of the contract.
Utah Third-party beneficiary
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