Utah Code § 13-58-301: Motorboat dealer default.

A motorboat dealer defaults on an agreement if the motorboat dealer:

(1) materially fails to:

(a) meet minimum product stocking requirements as specified under the agreement;

(b) make timely payment of a material obligation as specified under the agreement; or

(c) meet an applicable standard, as specified by the agreement, for:

(i) a dedicated or self-funded line of credit; or

(ii) a trade-in or self-funded trade-in line of credit; or

(2) markets the manufacturer's motorboats outside of the motorboat dealer's territory in violation of the agreement.