- (1) This rule is adopted pursuant to Section 70C-8-102(1)(e).
- (2) This rule shall apply to all credit transactions subject to Title 70C, Utah Consumer Credit Code.
- (3) The purpose for this rule is to require all consumer creditors, including assignees or other successors in interest, to notify a borrower when a debtor may be entitled to a separate refund of unearned credit insurance premiums.
KEY: financial institutions
Date of Last Change: 1995
Notice of Continuation: September 13, 2022
Authorizing, and Implemented or Interpreted Law: 70C-8-102(1)(e)