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2021 Utah Code
Title 13 - Commerce and Trade
Chapter 42 - Uniform Debt-Management Services Act
Section 130 - Advertising.
Universal Citation:
UT Code § 13-42-130 (2021)
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13-42-130. Advertising.
Amended by Chapter 152, 2012 General Session
- (1) If a provider whose agreements contemplate that creditors will reduce finance charges or fees for late payment, default, or delinquency advertises debt-management services, it shall disclose, in an easily comprehensible manner, that using a debt-management plan may make it harder for the individual to obtain credit.
- (2) If a provider whose agreements contemplate that creditors will settle for less than the full principal amount of debt that advertises debt-management services, it shall disclose, in an easily comprehensible manner:
- (a) the information specified in Subsections 13-42-117(4)(e) and (f); and
- (b) the provider's settlement fee structure, consistent with the limitations of Section 13-42-123.
Amended by Chapter 152, 2012 General Session
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