Utah Code § 38-1a-309: Interest rate -- Preconstruction service or construction contract -- Lien.
Where this section sits in the code
- Title 38 Liens
- Chapter 38-1a Preconstruction and Construction Liens
- Part 38-1a-3 Provisions Applicable to Preconstruction Liens and Construction Liens
(1) Subject to Subsection (2), the interest rate that applies to a lawful contract for preconstruction service or construction work on or for a project property, or to a lien claimed under this chapter against the project property, is, unless otherwise provided in the lawful contract, the rate described in Subsection 15-1-1(2).
(2) If a person that claims a lien against project property under this chapter is not in privity of contract with the owner or owner-builder, the interest rate that applies to the person's lien may not exceed the rate described in Subsection 15-1-1(2).
Collected 2026-09-03T11:34:33Z. Source file · JSON