Utah Statutes
§ 70C-6-302 — Insurance on creditor's interest only.
Utah § 70C-6-302
JurisdictionUtah
Title 70CUtah Consumer Credit Code
Ch. 70C-6Insurance
Part 70C-6-3Property and Liability Insurance
This text of Utah § 70C-6-302 (Insurance on creditor's interest only.) 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-6-302 (2026).
Text
If a creditor contracts for or receives a separate charge for insurance against loss of or damage to property, the risk of loss or damage not willfully caused by the debtor is on the debtor only to the extent of any deficiency in the effective coverage of the insurance, even though the insurance covers only the interest of the creditor.
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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-6-302, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/70C-6-302.