Utah Statutes
§ 61-2d-104 — Negative amortization prohibited.
Utah § 61-2d-104
JurisdictionUtah
Title 61Securities Division - Real Estate Division
Ch. 61-2dUtah High Cost Home Loan Act
This text of Utah § 61-2d-104 (Negative amortization prohibited.) 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. § 61-2d-104 (2026).
Text
A high cost mortgage shall provide for regular, periodic payments sufficient to pay:
(1)all accrued interest and a portion of principal on the scheduled due date for each payment; and
(2)the full amount owed during the term of the loan, if no late fees or other contingent charges are incurred.
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Legislative History
Enacted by Chapter 252, 2004 General Session
Nearby Sections
15
§ 61-1-1
Fraud unlawful.§ 61-1-10
Registration by qualification.§ 61-1-101
Title.§ 61-1-102
Definitions.§ 61-1-103
Procedure for disclosure.§ 61-1-105
Remedies for employee bringing action.§ 61-1-106
Award for reporter.§ 61-1-13
Definitions.§ 61-1-14
Exemptions.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 61-2d-104, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/61-2d-104.