Section 38-1a-602 - Notice concerning construction loan default(1) Within five business days after a notice of default is filed for recording under Section 57-1-24 with respect to a trust deed on the project property securing a construction loan, the construction lender under the loan shall file a notice with the registry.(2) A notice under Subsection (1) shall:(a) include: (i) the information required to be included in a notice of construction loan under Subsection 38-1a-601(2); and(ii) the entry number of the notice of construction loan;(b) state that a notice of default with respect to the construction loan has been recorded; and(c) state the date that the notice of default was recorded.Renumbered from § 38-1-32.7 and amended by Chapter 278, 2012 General Session ,§ 42, eff. 5/8/2012.Enacted by Chapter 299, 2011, 2011 General Session