Utah Code § 7-24-204
This is the official text of Utah Code § 7-24-204, part of Utah’s Code — part of the compiled statutory law of Utah, published by the state as "Code." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§ 7-24-204. Remedy for default.
Official statutory text
Except in the event of fraud by a borrower, if a borrower defaults on a title loan: (1) the title lender's sole remedy is to seek repossession and sale of the property securing the title loan; (2) the title lender may not pursue the borrower personally for: (a) repayment of the loan; or (b) any deficiency after repossession and sale of the property securing the loan; and (3) after repossession and sale of the property securing the title loan, the title lender shall return to the borrower any proceeds from the sale in excess of the amount owed on the title loan.
Status: in_force · Read it on the official government site
Need a lawyer in Utah?
Find a Utah lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.