Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

§
Marginalia
Code · Utah · Title 61 — Securities Division - Real Estate Division · Chapter 2D

61-2d-104. Negative amortization prohibited.

64 words·~1 min read·/ut/title-61/chapter-2d/61-2d-104

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

61-2d-104. Negative amortization prohibited.
A high cost mortgage shall provide for regular, periodic payments sufficient to pay:
(1)all accrued interest and a portion of principal on the scheduled due date for each payment; and
(2)the full amount owed during the term of the loan, if no late fees or other contingent charges are incurred.
Enacted by Chapter 252 , 2004 General Session
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.