GroundRules
Utah Code § 61-2c-501: Fund created.
Where this section sits in the code
- Title 61 Securities Division - Real Estate Division
- Chapter 61-2c Utah Residential Mortgage Practices and Licensing Act
- Part 61-2c-5 Residential Mortgage Loan Education, Research, and Recovery Fund
(1) There is created an expendable special revenue fund known as the "Residential Mortgage Loan Education, Research, and Recovery Fund."
(2) The interest earned on the fund shall be deposited into the fund.
(3) At the beginning of each fiscal year, the division shall make available
$100,000 in the fund to satisfy final judgments rendered against a person licensed under this chapter.
Collected 2026-09-03T11:34:33Z. Source file · JSON