2006 Utah Code - 57-15-11 — Limitation on enforcement of due-on-sale clauses.

     57-15-11.   Limitation on enforcement of due-on-sale clauses.
     After October 15, 1985, this chapter applies to any instrument described in Section 57-15-2 that:
     (1) was originated in this state by a financial institution other than a national bank, a federal savings and loan association, a federal thrift institution, or a federal credit union; and
     (2) was made or assumed during the period beginning on May 12, 1981, and ending on October 15, 1982.

Enacted by Chapter 2, 1985 General Session