Professional statute overview
Enactment structure, operative effect and source provenance
01
Purpose and legislative effect
“If a financial institution’s wrongful dishonor causes liability under Section 70A-4-402, the award must include amounts already awarded against the person to the holder under Section 7-15-1 or the related depository-institution contract.”
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02
How the instrument operates
- 01
Start with the recorded version
Legal dates not recorded. The date shown identifies this source expression and should not be treated as proof that no later change exists.
- 02
Locate the controlling provision
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- 03
Read conditions and exceptions together
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- 04
Verify currency and official wording
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03
Research entry points
Selected provisions across the instrument. Open any row to continue with the exact stored text.
If a financial institution’s wrongful dishonor causes liability under Section 70A-4-402, the award must include amounts already awarded against the person to the holder under Section 7-15-1 or the related depository-institution contract.
Section 7-15-3
Section 7-15-1 ; or
Section 7-15-3(1)
the contract with the depository institution as provided in Subsection 7-15-1(9) .
Section 7-15-3(2)
04
Source and current-law status
In force source record
Source record from le.utah.gov · Legal dates not recorded
This source records the instrument as in force. Confirm subsequent amendments, commencement notices, and judicial treatment before relying on it.