State Codes and Statutes
Statutes > Utah > Title-41 > Chapter-03 > 41-3-40541-3-405. Sale of third party warranty or service contract -- Remission of fee.
(1) If a dealer licensed under this chapter sells a third party warranty or service contractto a customer, the dealer shall within 15 days remit the fee paid by the customer to the warrantyor service contract company.
(2) Failure of a dealer to remit the fee within 15 days is a ground for dealer licensesuspension and allows the customer a cause of action against the dealer for damages thatotherwise would have been covered by the warranty or service contract.
Renumbered and Amended by Chapter 234, 1992 General Session
