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2025 Utah Code
Title 7 - Financial Institutions Act
Chapter 17 - Interest on Mortgage Loan Reserve Accounts
Section 5 - Statements.
Universal Citation:
UT Code § 7-17-5 (2025)
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Effective 5/7/2025
7-17-5. Statements.
Every lender shall furnish to the borrower, or the borrower's successors or assigns, without charge, within 60 days after the end of each calendar year, an itemized statement showing money:
(1) received for interest and principal repayment; and
(2) received and held in or disbursed from a reserve account, if any.
Amended by Chapter 302, 2025 General Session
7-17-5. Statements.
Every lender shall furnish to the borrower, or the borrower's successors or assigns, without charge, within 60 days after the end of each calendar year, an itemized statement showing money:
(1) received for interest and principal repayment; and
(2) received and held in or disbursed from a reserve account, if any.
Amended by Chapter 302, 2025 General Session
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