31A-2-402 - Definitions. - Utah Statutes

31A-2-402. Definitions.
As used in this part:
(1) "Commission" means the Title and Escrow Commission created in Section31A-2-403.
(2) "Concurrence" means the entities given a concurring role must jointly agree for theaction to be taken.
(3) "Dual licensed title licensee" means a title licensee who holds:
(a) a producer license as a title licensee; and
(b) a license or certificate under:
(i) Title 61, Chapter 2f, Real Estate Licensing and Practices Act;
(ii) Title 61, Chapter 2b, Real Estate Appraiser Licensing and Certification Act; or
(iii) Title 61, Chapter 2c, Utah Residential Mortgage Practices and Licensing Act.
(4) "Real Estate Commission" means the Real Estate Commission created in Section61-2f-103.
(5) "Title licensee" means a person licensed under this title as:
(a) an agency with a title insurance line of authority;
(b) a producer with:
(i) a general title insurance line of authority; or
(ii) a specific category of authority for title insurance; or
(c) a title insurance adjuster.

Amended by Chapter 379, 2010 General Session