There Is a Newer Version of the Utah Code
2011 Utah Code
Title 61 Securities Division - Real Estate Division
Chapter 2d Utah High Cost Home Loan Act
Section 110 Encouraging default prohibited.
61-2d-110. Encouraging default prohibited.(1) A lender may not recommend or encourage default or nonpayment leading to foreclosure on an existing loan or other debt prior to and in connection with the closing or planned closing of a high-cost mortgage that refinances all or any portion of such existing loan or debt.
(2) This section applies to all loans.
Disclaimer: These codes may not be the most recent version. Utah may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.