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2024 Utah Code
Title 7 - Financial Institutions Act
Chapter 24 - Title Lending Registration Act
Part 2 - Requirements
Section 203 - Disclosure form for title loans.
Universal Citation:
UT Code § 7-24-203 (2024)
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7-24-203. Disclosure form for title loans.
Amended by Chapter 382, 2008 General Session
- (1) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the department shall adopt a disclosure form for title loans that complies with this section.
- (2) The department shall specify by rule:
- (a) the information to be provided in the disclosure form including:
- (i) the costs of obtaining a title loan;
- (ii) the consequences of defaulting on a title loan;
- (iii) generally available alternatives to a title loan; and
- (iv) methods of obtaining credit counseling or other financial advice;
- (b) the type size of the disclosure form; and
- (c) the manner in which a title lender shall conspicuously provide the disclosure form to a person seeking a title loan.
- (a) the information to be provided in the disclosure form including:
Amended by Chapter 382, 2008 General Session
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