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Title 07 - Financial Institutions Act
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Chapter 17 - Interest on Mortgage Loan Reserve Accounts
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UTAH STATUTES AND CODES
Chapter 17 - Interest on Mortgage Loan Reserve Accounts
7-17-1 - Legislative intent.
7-17-2 - Definitions.
7-17-3 - Lender to pay interest -- Exceptions -- Service charges prohibited.
7-17-4 - Options in lieu of reserve account -- Notice by lender -- Selection by borrower -- Noninterest-bearing reserve account -- Exemption.
7-17-5 - Statements.
7-17-6 - Liability of lender for failure to pay taxes, insurance premiums, or other charges.
7-17-7 - Limit on amount borrower required to pay into account -- Deficiency -- Method of recouping and remedies for default.
7-17-8 - Damages for lender's violation of act -- Limitations on recovery.
7-17-9 - Actions on accounts established prior to 1979 -- Limitations on recovery.
7-17-10 - Applicability of act to accounts and actions thereon.
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