Utah Statutes

§ 15-8-2 — Purpose -- Rules of construction.

Utah·Title 15 Contracts and Obligations in General·Ch. 15-8 Utah Rental Purchase Agreement Act
(1)This chapter shall be liberally construed and applied to promote its underlying purposes and policies.
(2)The underlying purposes and policies of this chapter are to:
(2)(a) define, simplify, and clarify the law governing consumer rental purchase agreements;
(2)(b) provide certain disclosures to consumers who enter into consumer rental purchase agreements, and further consumer understanding of the terms of consumer rental purchase agreements;
(2)(c) protect consumers against unfair practices;
(2)(d) permit and encourage the development of fair and economically sound rental purchase practices; and
(2)(e) make the law on consumer rental purchase agreements, including administrative rules, more uniform among the various consumer credit code jurisdictions.

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Legislative History

Enacted by Chapter 251, 1993 General Session

Nearby Sections

15
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