Utah § 78B-5-410 Prejudgment and judgment interest.

Utah Statutes

§ 78B-5-410 — Prejudgment and judgment interest.

Utah·Title 78B Judicial Code·Ch. 78B-5 Trial, Judgment, and Appeal·Part 78B-5-4 Uniform Foreign-Money Claims Act

(1)With respect to a foreign-money claim, recovery of prejudgment interest and the rate of interest to be applied in the action or distribution proceeding are matters of the substantive law governing the right to recovery under the conflict of laws rules of this state.

(2)Notwithstanding Subsection (1), an increase or decrease in the amount of prejudgment interest otherwise payable may be made in a foreign-money judgment to the extent required by the law of this state governing a failure to make or accept an offer of settlement or offer of judgment, or conduct by a party or its attorney causing undue delay or expense.

(3)A judgment on a foreign-money claim bears interest at the same rate applicable to other judgments of this state.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) With respect to a foreign-money claim, recovery of prejudgment interest and the rate of interest to be applied in the action or distribution proceeding are matters of the substantive law governing the right to recovery under the conflict of laws rules of this state.
(2) Notwithstanding Subsection (1), an increase or decrease in the amount of prejudgment interest otherwise payable may be made in a foreign-money judgment to the extent required by the law of this state governing a failure to make or accept an offer of settlement or offer of judgment, or conduct by a party or its attorney causing undue delay or expense.
(3) A judgment on a foreign-money claim bears interest at the same rate applicable to other judgments of this state.

Utah § 78B-5-410 (Prejudgment and judgment interest.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.