Utah Code Title 7. Finance Institutions Act В§ 7-24-202. Operational demands for name loans

Utah Code Title 7. Finance Institutions Act В§ 7-24-202. Operational demands for name loans
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(1) a name lender shall:
(a) post in a location that is conspicuous its premises that may be seen by an individual looking for a name loan:
(i) a schedule that is complete of interest or costs charged for a name loan that states the attention and costs:
(A) as buck quantities; and
(B) as yearly portion prices; and
(ii) a cell http://speedyloan.net/personal-loans-nm/ phone number an individual may phone to produce a problem into the division regarding a name loan;
(b) come into a written agreement for the name loan containing:
(i) the title of the individual getting the name loan;
(ii) the deal date;
(iii) the total amount of the name loan;
(iv) a statement associated with amount that is total of interest or charges that could be charged for the name loan, expressed as:
(A) a buck quantity; and
(B) a percentage that is annual; and
(v)(A) the title and target associated with the designated representative needed to be supplied the division under Subsection 7-24-201(2)(d)(vi); and
(B) a declaration that solution of procedure can be built to the designated representative;
(c) supply the individual looking for the title loan a copy associated with the written agreement described in Subsection (1)(b); […]