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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) Except as provided in Subsection (2), parties may execute an agreement or stipulation to confess judgment before a default giving rise to an action.
(2)(a) In an employment contract or a consumer credit contract, an agreement or stipulation to confess judgment is void if the agreement or stipulation is executed:
(i) on or after May 14, 2019; and
(ii) before a default giving rise to an action in which the judgment under the agreement or stipulation is to be confessed.
(b) To satisfy the requirements of Subsection (2)(a)(ii), the parties need only execute the agreement or stipulation after the default giving rise to the underlying action and not after any subsequent default on the agreement or stipulation.
Cite this article: FindLaw.com - Utah Code Title 78B. Judicial Code § 78B-23-102. Certain agreements to confess judgment void - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-78b-judicial-code/ut-code-sect-78b-23-102/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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