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2019 Utah Code
Title 15 - Contracts and Obligations in General
Chapter 8 - Utah Rental Purchase Agreement Act
Section 4 - Inapplicability of other laws -- Exempted transactions.
Universal Citation: UT Code § 15-8-4 (2019)
Effective 5/13/2014
15-8-4. Inapplicability of other laws -- Exempted transactions.
Amended by Chapter 189, 2014 General Session
15-8-4. Inapplicability of other laws -- Exempted transactions.
- (1) Rental purchase agreements that comply with this chapter are not governed by the laws relating to:
- (a) a security interest as defined in Subsection 70A-1a-201(2)(ii); or
- (b)Title 70C, Utah Consumer Credit Code, except that Sections 70C-7-102 through 70C-7-104 and 70C-2-205 shall apply to lessors as defined in this chapter to the same extent as they apply to creditors under Title 70C, Utah Consumer Credit Code.
- (2) The chapter does not apply to the following:
- (a) rental purchase agreements primarily for business, commercial, or agricultural purposes, or those made with governmental agencies or instrumentalities or with organizations;
- (b) a lease of a safe deposit box;
- (c) a lease or bailment of personal property which is incidental to the lease of real property and which provides that the consumer has no option to purchase the leased property; or
- (d) a lease of a motor vehicle, as defined in Section 41-1a-102.
Amended by Chapter 189, 2014 General Session
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