Utah § 39A-6-111 Maximum rate of interest.

Utah Statutes

§ 39A-6-111 — Maximum rate of interest.

Utah § 39A-6-111

Title 39ANational Guard and Militia Act

Ch. 39A-6Utah Service Members' Civil Relief Act

This text of Utah § 39A-6-111 (Maximum rate of interest.) 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. § 39A-6-111 (2026).

Text

An obligation or liability bearing interest at a rate in excess of six percent per year incurred by a service member in state military service before the service member's entry into state military service may not, during any part of the period of state military service, bear interest at a rate in excess of six percent per year unless, in the opinion of the court and upon application to the court by the obligee, the ability of the service member to pay interest upon the obligation or liability at a rate in excess of six percent per year is not materially affected by reason of the service member's service.  The court may make any order in the action that, in the court's opinion, is just.

Free access — add to your briefcase to read the full text and ask questions with AI

An obligation or liability bearing interest at a rate in excess of six percent per year incurred by a service member in state military service before the service member's entry into state military service may not, during any part of the period of state military service, bear interest at a rate in excess of six percent per year unless, in the opinion of the court and upon application to the court by the obligee, the ability of the service member to pay interest upon the obligation or liability at a rate in excess of six percent per year is not materially affected by reason of the service member's service. The court may make any order in the action that, in the court's opinion, is just.