Utah Code 70D-2-104. Ordinance or law by political subdivision prohibited
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(1) A county subject to Title 17, Counties , and a municipality subject to Title 10, Utah Municipal Code , may not enact an ordinance or law that:
Terms Used In Utah Code 70D-2-104
- Dependent: A person dependent for support upon another.
- Dwelling: means a residential structure attached to real property that contains one to four units including any of the following if used as a residence:(4)(a) a condominium unit;(4)(b) a cooperative unit;(4)(c) a manufactured home; or(4)(d) a house. See Utah Code 70D-1-102
- Person: means :(24)(a) an individual;(24)(b) an association;(24)(c) an institution;(24)(d) a corporation;(24)(e) a company;(24)(f) a trust;(24)(g) a limited liability company;(24)(h) a partnership;(24)(i) a political subdivision;(24)(j) a government office, department, division, bureau, or other body of government; and(24)(k) any other organization or entity. See Utah Code 68-3-12.5
(1)(a) regulates a term of a mortgage loan on a dwelling; or
(1)(b) makes the eligibility of a person to do business with the county or municipality dependent upon a term of a mortgage loan on a dwelling originated or serviced by the person.
(2) Subsection (1) does not apply to a term or loan funded in whole or in part with money provided or administered by the county or municipality.