Utah Code § 58-55-602
Payment of construction funds -- Interest
Utah · Utah Code Title 58 — Occupations and Professions · Status: effective
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- Utah Code § 58-55-602, Payment of construction funds -- Interest, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2343503
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Full text
(1) All unpaid construction funds are payable to the contractor as provided in Section 13-8-5.
(2) On projects involving multiple buildings, each building shall be considered individually in determining the amount to be paid the contractor.
(3) Partial occupancy of a building requires payment in direct proportion to the value of the part of the building occupied.
(4) If any payment is retained or withheld, it shall be retained or withheld and released as provided in Section 13-8-5.