7-17-5. Statements.
63 words·~1 min read·
/ut/title-7/chapter-17/7-17-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/7/2025
7-17-5. Statements.
Every lender shall furnish to the borrower, or the borrower's successors or assigns, without charge, within 60 days after the end of each calendar year, an itemized statement showing money:
(1)received for interest and principal repayment; and
(2)received and held in or disbursed from a reserve account, if any.
Amended by Chapter 302 , 2025 General Session