{"data":{"id":"us-ut/utah-code-70d-2-203","jurisdiction":"us-ut","citation":"Utah Code § 70D-2-203","heading":"Fees -- Examination.","body":"(1)\n(a) A person required to register under this part shall pay to the commissioner:\n(i) a fee of $200 with the person's initial registration; and\n(ii) an annual fee, on or before December 31 of each year, in an amount to be set by rule of the commissioner subject to Subsection (1)(b).\n(b) The commissioner:\n(i) subject to Subsection (1)(b)(ii), shall set the annual renewal fee at an amount that generates sufficient revenue to cover the department's costs of administering this chapter; and\n(ii) may not set an annual renewal fee that exceeds $100 per renewal.\n(2)\n(a) The commissioner may require a lender, broker, or servicer to make a record of the lender, broker, or servicer relating to its activities as a lender, broker, or servicer available to the commissioner or the commissioner's authorized representative for examination.\n(b) A lender, broker, or servicer described in Subsection (2)(a) shall:\n(i) reimburse the department for travel and other reasonable and necessary costs incurred in the examination described in Subsection (2)(a); and\n(ii) pay to the commissioner a fee set by the commissioner based on an hourly rate per each examiner, not to exceed $55 per hour for each examiner.\n(3) No portion of a fee paid or owed to the commissioner under this section is refundable because a person voluntarily or involuntarily ceases to do business as a lender, broker, or servicer:\n(a) during the period covered by the fee; or\n(b) before the time of an examination by the commissioner of a record pertaining to a transaction preceding the day on which the person ceases to do business as a lender, broker, or servicer.","path":["Title 70D Financial Institution Mortgage Financing Regulation Act","Chapter 70D-2 Mortgage Lending and Servicing Act","Part 70D-2-2 Notification to Commissioner"],"source_url":"https://le.utah.gov/xcode/Title70D/Chapter2/70D-2-S203.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:34Z","sha256":"49875551c23ecaa94ba3c1bc23010091d723343ee61e9a85027aebc4815121a6","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-70d-2-201","next":"us-ut/utah-code-70d-2-301"},"notice":"GroundRules: Original legal text. Not legal advice."}