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2012 Utah Code
Title 15 - Contracts and Obligations in General
Article 1 - Interest
Section 3 - Calculated by the year.
Universal Citation:
UT Code ยง 15-1-3 (2012)
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15-1-3. Calculated by the year.
Whenever in any statute or deed, or written or verbal contract, or in any public or private instrument whatever, any certain rate of interest is mentioned and no period of time is stated, interest shall be calculated at the rate mentioned by the year.
No Change Since 1953
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