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Utah · Through 2026 General Session

Utah Code § 67-5-31: Mortgage and Financial Fraud Investigation and Prosecution Restricted Account.

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Where this section sits in the code
  1. Title 67 State Officers and Employees
  2. Chapter 67-5 Attorney General

(1) There is created a restricted account within the General Fund known as the "Mortgage and Financial Fraud Investigation and Prosecution Restricted Account."

(2) The restricted account includes:

(a) $2,000,000 of deposits from the foreclosure fraud settlement agreement between the United States Justice Department, United States Department of Housing and Urban Development, and a bipartisan group of state attorneys general, including Utah's attorney general, Bank of America, Citi, JP Morgan Chase, GMAC, and Wells Fargo announced in February 2012; and

(b) any other amount appropriated by the Legislature.

(3) Money from the restricted account shall be used by the attorney general to:

(a) investigate and prosecute mortgage and financial fraud throughout the state; and

(b) fund mortgage and financial fraud investigation and prosecution staff.

Collected 2026-09-03T11:34:34Z. Source file · JSON

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