{"data":{"id":"us-ut/utah-code-70c-2-204","jurisdiction":"us-ut","citation":"Utah Code § 70C-2-204","heading":"Certain negotiable instruments prohibited.","body":"(1) With respect to a consumer credit sale not involving real property, the seller may not take a negotiable instrument under Section 70A-3-104 other than a check as evidence of the obligation of the buyer.\n(2) A holder is not in good faith as that term is defined in Section 70A-1a-201 if the holder takes a negotiable instrument with notice that the negotiable instrument is issued in violation of this section.\n(3) A holder in due course under Section 70A-3-302 is not subject to the liabilities set forth in the provisions on the effect of violations on rights of parties under Section 70C-7-201.","path":["Title 70C Utah Consumer Credit Code","Chapter 70C-2 Finance Charges and Related Provisions","Part 70C-2-2 Limitations on Agreements and Practices"],"source_url":"https://le.utah.gov/xcode/Title70C/Chapter2/70C-2-S204.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:34Z","sha256":"edc4bad525248fd9a60e911659c5d0bb35a6cbe24abb3eee313f0733ef1d00c4","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-70c-2-203","next":"us-ut/utah-code-70c-2-205"},"notice":"GroundRules: Original legal text. Not legal advice."}
