Utah § 4a-601 - Definition of good faith.

Full text of Utah Utah Code § 4a-601 — Definition of good faith., with citation guidance and answers to common questions.

§ 4a-601. Definition of good faith.

Effective 5/9/2017
67-4a-601.  Definition of good faith.
     In this chapter, payment or delivery of property is made in good faith if a holder:
(1) had a reasonable basis for believing, based on the facts then known, that the property was required or permitted to be paid or delivered to the administrator under this chapter; or
(2) made payment or delivery:
(a) in response to a demand by the administrator or administrator's agent; or
(b) under a guidance or ruling issued by the administrator that the holder reasonably believed required or permitted the property to be paid or delivered.


Repealed and Re-enacted by Chapter 371, 2017 General Session

Source: official Utah text · Last verified 2026-08-27

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Frequently Asked Questions About Utah § 4a-601

What does Utah Code § 4a-601 cover?

Section 4a-601 ("Definition of good faith.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Utah § 4a-601?

A common citation format is "Utah Code § 4a-601" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Utah law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.

How does Utah § 4a-601 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Utah.