Utah Statutes

§ 53H-12-209 — Complaint filed -- Bond furnished by borrower -- Terms of bond.

Utah § 53H-12-209
JurisdictionUtah
Title 53HHigher Education
Ch. 53H-12Student Loan Collection
Part 53H-12-2Collection of Student Loans

This text of Utah § 53H-12-209 (Complaint filed -- Bond furnished by borrower -- Terms of bond.) 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. § 53H-12-209 (2026).

Text

(1)If a complaint is filed under Section 53H-12-208, the borrower may furnish to the tax commission a bond, with good and sufficient sureties, in the amount of the balance of the loan or the amount of any overpayment or refund due, whichever is less.
(2)The lien created under Section 53H-12-207 is then dissolved as to that overpayment or refund and the overpayment or refund released to the borrower.
(3)The bond shall provide that the surety will pay, upon a final determination adverse to the borrower, the amount of the bond, or a lesser amount as the court may determine, to the tax commission for the use and benefit of the college, university, or board obtaining the order.

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Legislative History

Renumbered and Amended by Chapter 8, 2025 Special Session 1

Nearby Sections

15
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Bluebook (online)
Utah § 53H-12-209, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/53H-12-209.