Utah Statutes
§ 70C-2-203 — Additional security in consumer leases prohibited.
Utah·Title 70C Utah Consumer Credit Code·Ch. 70C-2 Finance Charges and Related Provisions·Part 70C-2-2 Limitations on Agreements and Practices
A lessor, in order to secure the debt arising from a consumer lease, may not take a security interest in the dwelling of the lessee. A security interest taken in violation of this section is void from its inception.
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Legislative History
Enacted by Chapter 159, 1985 General Session
Nearby Sections
15
§ 70C-1-101
Short title.§ 70C-1-102
Purposes -- Rules of construction.§ 70C-1-104
Construction against implied repeal.§ 70C-1-105
Limitations by other laws not displaced.§ 70C-1-106
Determination of interest rate.§ 70C-1-201
Covered transactions.§ 70C-1-202
Exempted transactions.§ 70C-1-301
Interpretation consistent with federal law.§ 70C-1-302
Definitions.§ 70C-2-101
Finance and other charges.§ 70C-2-102
Delinquency charges.§ 70C-2-103
Deferral charges.§ 70C-2-104
Advances to perform covenants of buyer.