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20 chapters · 367 sections in this title.
Utah Code § 7-27-101 Definitions.
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7-27-101. Definitions. As used in this chapter: (1) "Accounts receivable purchase transaction" means a transaction in which a business forwards or otherwise sells to a person all or a portion of the business's accounts, as defined in Section, or payment intangibles, as defined in…
Utah Code § 7-27-102 Application.
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7-27-102. Application. The provisions of this chapter do not apply to: (1) a provider that is a depository institution; (2) a provider that is: a subsidiary of a depository institution; or a service corporation for a depository institution; and regulated by a federal banking agen…
Utah Code § 7-27-201 Registration requirements -- Rulemaking.
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7-27-201. Registration requirements -- Rulemaking. (1) Beginning January 1, 2023, it is unlawful for a person to engage in a commercial financing transaction as a provider in Utah or with a Utah resident, unless the person: registers with the department in accordance with this ch…
Utah Code § 7-27-202 Disclosures for commercial financing transactions.
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7-27-202. Disclosures for commercial financing transactions. (1) Before consummating a commercial financing transaction, a provider shall disclose the terms of the commercial financing transaction in accordance with this section and rules made by the commissioner. (2) A provider …