2022 Utah Code
Title 58 - Occupations and Professions
Chapter 55 - Utah Construction Trades Licensing Act
Part 6 - Payment Provisions
Section 602 - Payment of construction funds -- Interest.

Universal Citation: UT Code § 58-55-602 (2022)
58-55-602. Payment of construction funds -- Interest.
  • (1) All unpaid construction funds are payable to the contractor as provided in Section 13-8-5.
  • (2) On projects involving multiple buildings, each building shall be considered individually in determining the amount to be paid the contractor.
  • (3) Partial occupancy of a building requires payment in direct proportion to the value of the part of the building occupied.
  • (4) If any payment is retained or withheld, it shall be retained or withheld and released as provided in Section 13-8-5.

Amended by Chapter 365, 1999 General Session
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