There is a newer version of the Utah Code
2014 Utah Code
Title 70C - Utah Consumer Credit Code
Chapter 2 - Finance Charges and Related Provisions
Part 2 - Limitations on Agreements and Practices
Section 206 - Settlement of claims.
UT Code § 2-2-206 (2014) What's This?
70C-2-206. Settlement of claims. | (1) | A claim by a debtor against a creditor for an excess charge, other violation of this title, or civil penalty if disputed in good faith, may be settled by agreement for less value than the amount claimed, unless a court, as a matter of law, finds the settlement to have been unconscionable at the time it was made. |
| (2) | A claim, whether or not disputed, against a debtor may be settled for less value than the amount claimed. |
Enacted by Chapter 159, 1985 General Session
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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
