State Codes and Statutes

Statutes > Utah > Title-70c > Chapter-06 > 70c-6-105

70C-6-105. Maximum charge by creditor for insurance.
If a creditor contracts for or receives a separate charge for insurance, the amount chargedthe debtor for the insurance may not exceed the premium to be charged by the insurer, withoutdeduction 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 ofinsurance.

Enacted by Chapter 159, 1985 General Session