{"data":{"id":"us-ut/utah-code-7-23-402","jurisdiction":"us-ut","citation":"Utah Code § 7-23-402","heading":"Electronic disbursement and collections.","body":"If a deferred deposit lender collects payment on a deferred deposit loan through an electronic payment, the deferred deposit lender shall, on the day the loan is executed:\n(1) credit the amount of the deferred deposit loan through an electronic payment to the person receiving the deferred deposit loan; or\n(2) make the amount of the deferred deposit loan immediately available to the person receiving the deferred deposit loan.","path":["Title 7 Financial Institutions Act","Chapter 7-23 Check Cashing and Deferred Deposit Lending Registration Act","Part 7-23-4 Deferred Deposit Lending Operations"],"source_url":"https://le.utah.gov/xcode/Title7/Chapter23/7-23-S402.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"09db4671210397b14a48aad307be7942737e48ac7704a71f6cbd587995269cf0","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-7-23-401","next":"us-ut/utah-code-7-23-403"},"notice":"GroundRules: Original legal text. Not legal advice."}