2012 Utah Code
Title 7 - Financial Institutions Act
Article 24 - Title Lending Registration Act
Section 203 - Disclosure form for title loans.

(1) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the department shall adopt a disclosure form for title loans that complies with this section.

(2) The department shall specify by rule:

(a) the information to be provided in the disclosure form including:

(i) the costs of obtaining a title loan;

(ii) the consequences of defaulting on a title loan;

(iii) generally available alternatives to a title loan; and

(iv) methods of obtaining credit counseling or other financial advice;

(b) the type size of the disclosure form; and

(c) the manner in which a title lender shall conspicuously provide the disclosure form to a person seeking a title loan.

Amended by Chapter 382, 2008 General Session