Utah Code 15-8-2. Purpose — Rules of construction
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(1) This chapter shall be liberally construed and applied to promote its underlying purposes and policies.
Terms Used In Utah Code 15-8-2
- Consumer: means a natural person who rents personal property under a rental purchase agreement to be used primarily for personal, family, or household purposes. See Utah Code 15-8-3
(2) The underlying purposes and policies of this chapter are to:
(2)(a) define, simplify, and clarify the law governing consumer rental purchase agreements;
(2)(b) provide certain disclosures to consumers who enter into consumer rental purchase agreements, and further consumer understanding of the terms of consumer rental purchase agreements;
(2)(c) protect consumers against unfair practices;
(2)(d) permit and encourage the development of fair and economically sound rental purchase practices; and
(2)(e) make the law on consumer rental purchase agreements, including administrative rules, more uniform among the various consumer credit code jurisdictions.