Utah Code 13-58-302. Cure of default
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(1) If a motorboat dealer defaults as described in Section 13-58-301, the manufacturer or distributor who is part of the agreement shall:
Terms Used In Utah Code 13-58-302
- Agreement: means an agreement between:(1)(a) a motorboat dealer; and(1)(b)(1)(b)(i) a manufacturer; or(1)(b)(ii) a distributor. See Utah Code 13-58-102
- Distributor: means a person who:
(2)(a) has an agreement with a manufacturer of motorboats to distribute motorboats within this state; and(2)(b) in whole or in part sells or distributes motorboats to motorboat dealers. See Utah Code 13-58-102- Manufacturer: means a person engaged in the business of constructing, manufacturing, assembling, producing, or importing new motorboats for the purpose of sale or trade. See Utah Code 13-58-102
- Motorboat: means the same as that term is defined in Section 73-18-2. See Utah Code 13-58-102
- Motorboat dealer: means a person who:
(5)(a) is engaged in the business of buying, selling, offering for sale, or exchanging new motorboats either outright or on conditional sale, bailment, lease, chattel mortgage, or otherwise; and(5)(b) has established in this state a place of business for the sale, lease, trade, or display of new motorboats. See Utah Code 13-58-102(1)(a) give the dealer written notice of the dealer’s default; and(1)(b) allow the dealer to cure the default within the period described in Subsection (2).(2) A motorboat dealer may cure a default no later than:(2)(a) 30 days after the day on which the dealer receives the notice described in Subsection (1), if the dealer defaulted as described in Subsection 13-58-301(1)(b) or (2);(2)(b) 60 days after the day on which the dealer receives the notice described in Subsection (1), if the dealer defaulted as described in Subsection 13-58-301(1)(a); and(2)(c) 160 days after the day on which the dealer receives the notice described in Subsection (1), if the dealer defaulted as described in Subsection 13-58-301(1)(c). - Distributor: means a person who: