1989 Session: Bills 141-142

              V
STATUTE OF FRAUDS AMENDMENTS
1989
GENERAL SESSION
Enrolled Copy
S. B. No. 141 By C. E. Peterson
AN ACT RELATING TO   THE STATUTE OF  FRAUDS;  PROVIDING THAT CREDIT
AGREEMENTS ARE VOID UNLESS WRITTEN AND SIGNED BY THB PARTY AGAINST
WHOM ENFORCEMENT WOULD BE SOUGHT.
THIS ACT AFFECTS SECTIONS OF UTAH CODE ANNOTATED 1953 AS FOLLOWS:
AMENDS:
25-5-4,  UTAH CODE ANNOTATED 1953
Be it enacted by the Legislature of the state of Utah:
Section 1. Section 25-5-4, Utah Code Annotated 1953, is amended to
read:
25-5-4. [in—the] The following [easee-every-agreement-ehari-be]
agreements are void unless [sueh] the agreement, or some note or
memorandum [thereof] of the agreement, is in writing [subscribed], signed
by the party to be charged [therewith] with the agreement:
(1) every agreement "that by" its 'terms- is" "not to-'ae performed-within
one year from the making [thereoft] of the agreement;
(2) every promise to answer for the debt, default^ or miscarriage of
anotherit]£
(3) every agreement, promise^ or undertaking made upon consideration
of marriage, except mutual promises to marry[r]^
(4) every special promise made by an executor or administrator to