Utah Code § 70C-2-104
Advances to perform covenants of buyer
Utah · Utah Code Title 70C — Utah Consumer Credit Code · Status: effective
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- Citation
- Utah Code § 70C-2-104, Advances to perform covenants of buyer, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2350342
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Full text
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.