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Utah · Through 2026 General Session

Utah Code § 70D-3-302: Examination.

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Where this section sits in the code
  1. Title 70D Financial Institution Mortgage Financing Regulation Act
  2. Chapter 70D-3 Financial Institution Loan Originator Licensing Act
  3. Part 70D-3-3 Education Requirements

(1) Before an individual may be licensed under this chapter, the individual shall pass a written examination that:

(a) meets the requirements of 12 U.S.C. Sec. 5104(d);

(b) is developed by the nationwide database; and

(c) is administered by an approved examination provider.

(2) The commissioner shall make rules made in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, that:

(a) require that an individual comply at a minimum with the standards of 12 U.S.C. Sec. 5104(d); and

(b) address:

(i) what constitutes passing a written examination;

(ii) the ability of an individual to retake a written examination if the individual fails the written examination; and

(iii) when an individual is required to retake a written examination if an individual fails to maintain a valid license under this chapter after taking the written examination.

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

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