Chapter

Interest on Mortgage Loan Reserve Accounts

Title 7 — Financial Institutions Act §§ 7-17-1–7-17-10

Utah Code § 7-17-1— Effect of act
Utah Code § 7-17-2— Definitions
Utah Code § 7-17-3— Lender to pay interest -- Exceptions -- Service charges prohibited
Utah Code § 7-17-4— Options in lieu of reserve account -- Notice by lender -- Selection by borrower -- Noninterest-bearing reserve account -- Exemption
Utah Code § 7-17-5— Statements
Utah Code § 7-17-6— Liability of lender for failure to pay taxes, insurance premiums, or other charges
Utah Code § 7-17-7— Limit on amount borrower required to pay into account -- Deficiency -- Method of recouping and remedies for default
Utah Code § 7-17-8— Damages for lender's violation of act -- Limitations on recovery
Utah Code § 7-17-9— Actions on accounts established prior to 1979 -- Limitations on recovery
Utah Code § 7-17-10— Applicability of act to accounts and actions thereon