Utah Statutes
§ 70C-6-105 — Maximum charge by creditor for insurance.
If a creditor contracts for or receives a separate charge for insurance, the amount charged the debtor for the insurance may not exceed the premium to be charged by the insurer, without deduction for commissions, as computed at the time the charge to the debtor is determined, conforming to any rate filings required by law and made by the insurer with the commissioner of insurance.
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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.