Utah Code 41-12a-104. Rules of construction
Current as of: 2023 | Check for updates
|
Other versions
(1) | If a person maintains owner‘s security under this chapter, it does not limit his liability to the face amount of the owner’s security. |
(a) | a person who holds legal title to a motor vehicle; |
(b) | a lessee in possession; |
(c) | a conditional vendee or lessee if a motor vehicle is the subject of a conditional sale or lease with the right of purchase upon performance of the conditions stated in the agreement and with an immediate right of possession in the conditional vendee or lessee; or |
(d) | a mortgagor if a motor vehicle is the subject of a mortgage with the mortgagor entitled to possession. See Utah Code 41-12a-103 |
(2) | Nothing in this chapter prevents the plaintiff in any action at law from relying for relief upon the other processes provided by law. |
(3) | This chapter is cumulative with the requirements of the laws of this state requiring policies of motor vehicle insurance against liability. This subsection does not preclude compliance through a single policy which, by its terms or by an appropriate endorsement, satisfies the requirements of both applicable laws. |
Amended by Chapter 204, 1986 General Session