Utah § 70C-2-206 Settlement of claims.

Utah Statutes

§ 70C-2-206 — Settlement of claims.

Utah § 70C-2-206

Title 70CUtah Consumer Credit Code

Ch. 70C-2Finance Charges and Related Provisions

Part 70C-2-2Limitations on Agreements and Practices

This text of Utah § 70C-2-206 (Settlement of claims.) 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. § 70C-2-206 (2026).

Text

(1)A claim by a debtor against a creditor for an excess charge, other violation of this title, or civil penalty if disputed in good faith, may be settled by agreement for less value than the amount claimed, unless a court, as a matter of law, finds the settlement to have been unconscionable at the time it was made.

(2)A claim, whether or not disputed, against a debtor may be settled for less value than the amount claimed.

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(1) A claim by a debtor against a creditor for an excess charge, other violation of this title, or civil penalty if disputed in good faith, may be settled by agreement for less value than the amount claimed, unless a court, as a matter of law, finds the settlement to have been unconscionable at the time it was made.
(2) A claim, whether or not disputed, against a debtor may be settled for less value than the amount claimed.