§ 78B-6-1302. Definitions.  


Latest version.
  •      As used in this part:
    (1) "Claimant" means a person who files a notice.
    (2) "Guarantee" means an agreement by a claimant to pay an amount of damages:
    (a) specified by the court;
    (b) suffered as a result of the maintenance of a notice;
    (c) to a person with an interest in the real property that is the subject of the notice; and
    (d) if the requirements of Subsection 78B-6-1304(5) are met.
    (3) "Notice" means a notice of the pendency of an action filed under Section 78B-6-1303.
Enacted by Chapter 3, 2008 General Session