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Utah Code § 70D-2-304

Statement to be provided

Applied in 1 court decision — leading case Berneike v. CitiMortgage, Inc. (2013)

Most recently applied in Berneike v. CitiMortgage, Inc. (February 2013)

Renumbered and Amended by Chapter 72, 2009 General Session

(1) Unless a servicer regularly provides the information described in this Subsection (1) in a monthly statement to a mortgagor, the servicer shall deliver to a mortgagor, within 15 days after receipt of a written request, a statement of the mortgagor's account including the following information:

(a) the date and amount of the payments credited to the account within the previous 12-month period;

(b) the balance in any escrow account held by the servicer; and

(c) the total unpaid balance of the mortgage loan.

(2) A servicer shall provide the first two statements requested for an account in a 12-month period without charge. If more than two statements are requested for the same account in a 12-month period, the servicer may charge a reasonable fee for an additional statement.

Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.