Utah § 70C-1-102 Purposes -- Rules of construction.

Utah Statutes

§ 70C-1-102 — Purposes -- Rules of construction.

Utah·Title 70C Utah Consumer Credit Code·Ch. 70C-1 General Provisions and Definitions·Part 70C-1-1 Short Title, Construction, General Provisions

(1)This title shall be liberally construed and applied to promote its underlying purposes and policies.

(2)The underlying purposes and policies of this title are:

(2)(a) to further consumer understanding of the terms of credit transactions and to foster competition among suppliers of consumer credit so that consumers may obtain credit at reasonable cost;

(2)(b) to prohibit certain unfair practices; and

(2)(c) to avoid the duplication of laws and regulations pertaining to consumer credit between state and federal authorities and to supplement applicable federal laws and regulations.

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(1) This title shall be liberally construed and applied to promote its underlying purposes and policies.
(2) The underlying purposes and policies of this title are:

(2)(a) to further consumer understanding of the terms of credit transactions and to foster competition among suppliers of consumer credit so that consumers may obtain credit at reasonable cost;
(2)(b) to prohibit certain unfair practices; and
(2)(c) to avoid the duplication of laws and regulations pertaining to consumer credit between state and federal authorities and to supplement applicable federal laws and regulations.

Utah § 70C-1-102 (Purposes -- Rules of construction.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.