Utah Code § 70C-2-104

Current through the 2024 Fourth Special Session
Section 70C-2-104 - Advances to perform covenants of buyer

If a consumer credit agreement contains covenants by the debtor to perform certain duties pertaining to insuring or preserving collateral and the creditor pursuant to the agreement pays for performance of the duties on behalf of the debtor, the creditor may add the amounts paid to the unpaid principal of the debt.

Utah Code § 70C-2-104

Enacted by Chapter 159, 1985 General Session