Utah Code § 7-15-3: Liability of financial institution upon wrongful dishonor.
Where this section sits in the code
- Title 7 Financial Institutions Act
- Chapter 7-15 Dishonored Instruments
If a person is liable to a holder under Section 7-15-1 or under a contract with a depository institution as provided in Subsection 7-15-1(9), and the liability is proximately caused by a financial institution's wrongful dishonor under Section 70A-4-402, any award against the financial institution under Section 70A-4-402 shall include all amounts awarded against the person to the holder under:
(1) Section 7-15-1; or
(2) the contract with the depository institution as provided in Subsection 7-15-1(9).
Collected 2026-09-03T11:34:33Z. Source file · JSON