Utah Statutes

§ 41-1a-1225 — Credit for registering leased vehicle purchased by the lessee.

Utah·Title 41 Motor Vehicles·Ch. 41-1a Motor Vehicle Act·Part 41-1a-12 Fee and Tax Requirements
(1)The division shall provide a credit against the fees and taxes charged to a person registering a vehicle under Title 41, Chapter 1a, Motor Vehicle Act, if:
(1)(a) immediately before purchasing the vehicle, the purchaser leased the vehicle and was a registrant of the vehicle; and
(1)(b) while leasing the vehicle and during the same registration period, the purchaser paid the fees and taxes charged for registering the vehicle under Title 41, Chapter 1a, Motor Vehicle Act.
(2)The division shall apply the credit provided under Subsection (1) by allowing the registration period described in Subsection (1)(b) to remain in effect until expiration.
(3)This section applies only to taxes and fees paid by, or on behalf of, the purchaser at the time of the registration described in Subsection (

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

Utah § 41-1a-1225 (Credit for registering leased vehicle purchased by the lessee.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Enacted by Chapter 395, 2021 General Session

Nearby Sections

15
View on official source ↗