Utah Statutes
§ 38-1a-602 — Notice concerning construction loan default.
Utah·Title 38 Liens·Ch. 38-1a Preconstruction and Construction Liens·Part 38-1a-6 Construction Loans
(1)Within five business days after a notice of default is filed for recording under Section 57-1-24 with respect to a trust deed on the project property securing a construction loan, the construction lender under the loan shall file a notice with the registry.
(2)A notice under Subsection (1) shall:
(2)(a) include:
(2)(a)(i) the information required to be included in a notice of construction loan under Subsection 38-1a-601(2); and
(2)(a)(ii) the entry number of the notice of construction loan;
(2)(b) state that a notice of default with respect to the construction loan has been recorded; and
(2)(c) state the date that the notice of default was recorded.
Free access — add to your briefcase to read the full text and ask questions with AI
Utah § 38-1a-602 (Notice concerning construction loan default.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Renumbered and Amended by Chapter 278, 2012 General Session
Nearby Sections
15
§ 38-10-101
Definitions.§ 38-10-103
Nonimpairment of lien attached to estate less than fee or to equitable or legal contingent interest.§ 38-10-104
Limitation of interests covered by lien.§ 38-10-106
Enforcement -- Time for -- Lis pendens -- Action for debt not affected -- Execution on an interest.§ 38-10-108
Limitation upon owner's liability.§ 38-10-110
Cancellation of lien.§ 38-10-111
Abuse of lien right -- Penalty.§ 38-10-112
Assignment of lien.§ 38-10-114
Attorney fees.