Utah Code > Title 70C > Chapter 6 > Part 2 – Consumer Credit Insurance
Current as of: 2023 | Check for updates
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Other versions
§ 70C-6-201 | Term of insurance |
§ 70C-6-202 | Maximum amount of insurance |
§ 70C-6-203 | Filing and approval of rates and forms |
Terms Used In Utah Code > Title 70C > Chapter 6 > Part 2 - Consumer Credit Insurance
- Agreement: means the bargain of the parties in fact as stated in a written contract or otherwise as found in the parties' language or by implication from other circumstances, including:
(a) course of dealing; (b) usage of trade; or (c) course of performance. See Utah Code 70C-1-302 - Creditor: means :
(ii) an issuer of a credit card that extends either open-end credit or credit that: (A) is not subject to a finance charge; and (B) is not payable by written agreement in more than four installments; and (iii) an issuer of a credit card that extends closed-end credit that: (A) is subject to a finance charge; or (B) is payable by written agreement in more than four installments. See Utah Code 70C-1-302 - Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Open-end credit: A credit agreement (typically a credit card) that allows a customer to borrow against a preapproved credit line when purchasing goods and services. The borrower is only billed for the amount that is actually borrowed plus any interest due. (Also called a charge account or revolving credit.) Source: OCC
- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
- Writing: includes :Utah Code 68-3-12.5
- Creditor: means :