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Terms Used In Utah Code 78B-4-705

  • Person: includes a financial institution organized, chartered, or holding a license authorizing operation under the laws of this state, another state, or another country. See Utah Code 78B-4-701
  • State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5

     A choice of law provision in an agreement that designates this state as the governing law shall apply this part, if applicable, to the fullest extent possible in a civil action brought against a person regardless of whether the civil action is brought in this state or another state.