{"data":{"id":"us-ut/utah-code-61-2c-504","jurisdiction":"us-ut","citation":"Utah Code § 61-2c-504","heading":"Authority to act on receipt of petition.","body":"(1) Upon receipt of a petition meeting the requirements of Section 61-2c-503, the division may answer, initiate review proceedings, or appear in a proceeding:\n(a) in the name of the defendant to the action; or\n(b) on behalf of the fund.\n(2) The division may settle a claim subject to:\n(a) the application of a petitioner; and\n(b) court approval.","path":["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"],"source_url":"https://le.utah.gov/xcode/Title61/Chapter2c/61-2c-S504.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"c8a79cbb61cae46957ccc9d48c966c6cbeb1e23034f29e3a0be7f5bc6bf6486f","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-61-2c-503","next":"us-ut/utah-code-61-2c-505"},"notice":"GroundRules: Original legal text. Not legal advice."}