2019 Utah Code
Title 15 - Contracts and Obligations in General
Chapter 1 - Interest
Section 3 - Calculated by the year.

Universal Citation: UT Code § 15-1-3 (2019)
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
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.