Utah Code -- Title 07 -- Chapter 17 -- Interest on Mortgage Loan Reserve Accounts

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Updated: 21 December 2009

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7-17-1    Legislative intent.
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7-17-2    Definitions.
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7-17-3    Lender to pay interest -- Exceptions -- Service charges prohibited.
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7-17-4    Options in lieu of reserve account -- Notice by lender -- Selection by borrower -- Noninterest-bearing reserve account -- Exemption.
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7-17-5    Statements.
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7-17-6    Liability of lender for failure to pay taxes, insurance premiums or other charges.
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7-17-7    Limit on amount borrower required to pay into account -- Deficiency -- Method of recouping and remedies for default.
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7-17-8    Damages for lender's violation of act -- Limitations on recovery.
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7-17-9    Actions on accounts established prior to 1979 -- Limitations on recovery.
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7-17-10    Applicability of act to accounts and actions thereon.
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[New] means this portion of the Utah Code has been modified since the last update on 28 May 2009.


Last revised: 21 December 2009

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