{"data":{"id":"us-ut/utah-code-57-28-302","jurisdiction":"us-ut","citation":"Utah Code § 57-28-302","heading":"Treatment of loan proceeds -- Effect on assistance eligibility.","body":"For purposes of determining a borrower's eligibility and benefits for a means-tested program of aid to individuals:\n(1) a reverse mortgage loan payment made to a borrower shall be treated as proceeds from a loan and not as income; and\n(2) undisbursed funds under a reverse mortgage shall be treated as equity in the borrower's home and not as proceeds from a loan.","path":["Title 57 Real Estate","Chapter 57-28 Utah Reverse Mortgage Act","Part 57-28-3 Reverse Mortgage Proceeds, Priority, Foreclosure, and Lender Default"],"source_url":"https://le.utah.gov/xcode/Title57/Chapter28/57-28-S302.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"aafbfa43f779e58ae065497ee423e69a6c6393e25db80438af9e8660ee1c1025","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-57-28-301","next":"us-ut/utah-code-57-28-303"},"notice":"GroundRules: Original legal text. Not legal advice."}