Utah Statutes
§ 70C-4-103 — Finance charge for open-end accounts.
Utah § 70C-4-103
This text of Utah § 70C-4-103 (Finance charge for open-end accounts.) 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-4-103 (2026).
Text
With respect to an open-end consumer credit contract, a finance charge may only be calculated during any particular billing cycle on the basis of either:
(1)the average or actual daily balance of the account; or
(2)the unpaid balance of the account on the last day of the billing cycle after deducting payments and credits received during the same cycle.
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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.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 70C-4-103, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/70C-4-103.