GroundRules
Utah Code § 61-2f-509: Insufficient funds to satisfy judgments -- Procedure and interest.
Where this section sits in the code
- Title 61 Securities Division - Real Estate Division
- Chapter 61-2f Real Estate Licensing and Practices Act
- Part 61-2f-5 Real Estate Education, Research, and Recovery Fund Act
If money deposited in the fund and allotted for satisfying a final judgment against a real estate licensee is insufficient to satisfy an order issued in accordance with Section 61-2f-508, when sufficient money is deposited in the fund, the division shall:
(1) satisfy the unpaid claims in the order that the unpaid claims are originally filed; and
(2) pay with the claim accumulated interest at the rate of 8% per annum.
Collected 2026-09-03T11:34:33Z. Source file · JSON