Brimhall v. Grow

CALLISTER, Chief Justice.

Plaintiff, the Commissioner of Financial Institutions of the State of Utah, declared Utah Savings and Loan Association insolvent and took possession of its business and assets on December 5, 1966. Plaintiff in marshaling the assets initiated this action to have judicially declared void certain conveyances of real property by the defendant corporations and D. Spencer Grow and Ar-ta L. Grow, as individuals, to Steven L. Grow, son of the individual defendants. The corporate conveyances were executed by the defendants Grow or other members of the family as officers of the…