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Home » US Law » 2022 Utah Code » Title 31A - Insurance Code » Chapter 6b - Guaranteed Asset Protection Waiver Act » Part 3 - Requirements for a Guaranteed Asset Protection Waiver

Section 301 – General requirements for a guaranteed asset protection waiver.

31A-6b-301. General requirements for a guaranteed asset protection waiver. (1) A person may not issue, market, sell, offer to sell, or otherwise provide a guaranteed asset protection waiver except in compliance with this chapter. (2) If a creditor assigns, sells, or transfers a finance agreement, a guaranteed asset protection waiver remains a part of the […]

Section 303 – Cancellation or termination of a guaranteed asset protection waiver.

31A-6b-303. Cancellation or termination of a guaranteed asset protection waiver. (1) (a) A borrower may cancel a guaranteed asset protection waiver in accordance with this section. (b) A borrower may not waive by contract the borrower’s right to cancel a guaranteed asset protection waiver in accordance with this section. (c) A guaranteed asset protection waiver […]