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Utah Code § 7-15-3

Liability of financial institution upon wrongful dishonor

Utah · Utah Code Title 7 — Financial Institutions Act · Status: effective

Banking, Finance & Insurance
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Utah Code § 7-15-3, Liability of financial institution upon wrongful dishonor, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2324510
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If a person is liable to a holder under Section 7-15-1 or under a contract with a depository institution as provided in Subsection 7-15-1(9), and the liability is proximately caused by a financial institution's wrongful dishonor under Section 70A-4-402, any award against the financial institution under Section 70A-4-402 shall include all amounts awarded against the person to the holder under: (1) Section 7-15-1; or (2) the contract with the depository institution as provided in Subsection 7-15-1(9).