{"data":{"id":"us-ut/utah-code-61-2f-507","jurisdiction":"us-ut","citation":"Utah Code § 61-2f-507","heading":"Division authority to act upon receipt of petition.","body":"(1) When the division is served a petition under Section 61-2f-506, the division may:\n(a) file an answer to the petition in the court;\n(b) initiate a review proceeding conducted by the division; or\n(c) appear in any proceeding in the name of the defendant to the action or on behalf of the fund.\n(2) The division may settle a claim against the fund if:\n(a) the person who brings the claim requests a settlement; and\n(b) the court in which the petition is filed approves the settlement.","path":["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"],"source_url":"https://le.utah.gov/xcode/Title61/Chapter2f/61-2f-S507.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"0a31fe6653120508a5142d9732e54c274c9b1cf22fedd5c909b24e51cc4a76ef","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-61-2f-506","next":"us-ut/utah-code-61-2f-508"},"notice":"GroundRules: Original legal text. Not legal advice."}