Utah Code 15-1-3. Calculated by the year
Current as of: 2023 | Check for updates
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Terms Used In Utah Code 15-1-3
- Contract: A legal written agreement that becomes binding when signed.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Statute: A law passed by a legislature.
Whenever in any statute or deed, or written or verbal contract, or in any public or private instrument whatever, any certain rate of interest is mentioned and no period of time is stated, interest shall be calculated at the rate mentioned by the year.
No Change Since 1953