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Utah Consumer Credit Code | |
Administration | |
Section 202 | Notification. |
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70C-8-202. Notification. (1) (a) A party who is subject to this part shall file notification with the department at least 30 days before commencing business in this state. (b) After filing the notification required by Subsection (1)(a), a party shall file a notification on or before January 31 of each year. (c) A notification required by this Subsection (1) shall state: (i) the name of the party; (ii) the name in which the business is transacted if different from that required in Subsection (1)(c)(i); (iii) the address of the party's principal office, which may be outside this state; (iv) the address of: (A) each office or retail store, if any, in this state at which credit is offered or extended to a consumer; or (B) in the case of a party taking an assignment of an obligation, each office or place of business within this state at which business is transacted; (v) if credit is extended to a consumer other than at an office or retail store in this state, a brief description of the manner in which the credit transaction occurs; (vi) the name and address in this state of a designated agent upon whom service of process may be made; and (vii) any other information considered pertinent by the department. (2) If information in a notification becomes inaccurate after filing, a party is not required to file further notification until required to renew the party's notification. (3) (a) A party who fails to file a notification or pay a fee required by this part may not extend credit to a consumer in this state until the party fully complies with this part. (b) A party who willfully violates this Subsection (3) is guilty of a class B misdemeanor.
Amended by Chapter 72, 2009 General Session |
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