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the Utah Code
2014 Utah Code
Title 13 - Commerce and Trade
Chapter 21 - Credit Services Organizations Act
Section 4 - Bond, letter of credit, or certificate of deposit -- Not required of agent if obtained by organization.
Universal Citation:
13-21-4. Bond, letter of credit, or certificate of deposit -- Not required of agent if obtained by organization.
UT Code ยง 13-21-4 (2014)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
| (1) | If a credit services organization has obtained a bond, letter of credit, or certificate of deposit as set forth in Subsection 13-21-3(1) a salesperson, agent, or representative who sells the services of that organization is not required to post his own separate bond, letter of credit, or certificate of deposit. |
| (2) | As used in this section, a person is not a salesperson, agent, or representative of a credit services organization unless:
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Amended by Chapter 186, 1994 General Session
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