Utah § 13-64-203 Preliminary period -- Cancellation -- Refund.

Utah Statutes

§ 13-64-203 — Preliminary period -- Cancellation -- Refund.

Utah § 13-64-203

Title 13Commerce and Trade

Ch. 13-64Vehicle Value Protection Agreement Act

Part 13-64-2Vehicle Value Protection Agreements

This text of Utah § 13-64-203 (Preliminary period -- Cancellation -- Refund.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 13-64-203 (2026).

Text

(1)(1)(a) A vehicle value protection agreement shall provide for a preliminary period of at least 30 days.

(1)(b) If a purchaser cancels a vehicle value protection agreement within the preliminary period, the purchaser is entitled to a refund of the charges under the vehicle value protection agreement as follows:

(1)(b)(i) if benefits have not been provided, a full refund; or

(1)(b)(ii) if benefits have been provided, a refund to the extent provided for in the vehicle value protection agreement.

(2)(2)(a) Except as provided in Subsection (2)(b), if a provider cancels a vehicle value protection agreement, the provider shall mail a written notice to the purchaser at least five days before the day on which the vehicle value protection agreement is canceled.

(2)(b) A provider may immediately

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(1) (1)(a) A vehicle value protection agreement shall provide for a preliminary period of at least 30 days.
(1)(b) If a purchaser cancels a vehicle value protection agreement within the preliminary period, the purchaser is entitled to a refund of the charges under the vehicle value protection agreement as follows:
(1)(b)(i) if benefits have not been provided, a full refund; or
(1)(b)(ii) if benefits have been provided, a refund to the extent provided for in the vehicle value protection agreement.
(2) (2)(a) Except as provided in Subsection (2)(b), if a provider cancels a vehicle value protection agreement, the provider shall mail a written notice to the purchaser at least five days before the day on which the vehicle value protection agreement is canceled.
(2)(b) A provider may immediately cancel a vehicle value protection agreement upon sending a notice of cancellation to the purchaser if the reason for the cancellation is:
(2)(b)(i) the purchaser's failure to pay the provider's fee under the vehicle value protection agreement; or
(2)(b)(ii) the purchaser's breach of the purchaser's duties relating to the covered vehicle.
(3) A notice described in Subsection (2) shall include:

(3)(a) the effective date of the cancellation; and
(3)(b) the reason for the cancellation.
(4) If a provider cancels a vehicle value protection agreement for a reason other than the purchaser's failure to pay the provider's fee under the vehicle value protection agreement, the provider:

(4)(a) shall refund the purchaser any unearned provider fee under the vehicle value protection agreement;
(4)(b) may charge the purchaser an administrative fee of up to $75; and
(4)(c) may deduct the amount of a benefit paid under the vehicle value protection agreement from the refund.