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UTAH STATUTES AND CODES
61-2c-501 - Fund created.
61-2c-501. Fund created.
(1) There is created a restricted special revenue fund known as the "Residential MortgageLoan Education, Research, and Recovery Fund."
(2) The interest earned on the fund shall be deposited into the fund.
(3) At the beginning of each fiscal year, the division shall make available
$100,000 in the fund to satisfy final judgments rendered against a person licensed under thischapter.
(1) There is created a restricted special revenue fund known as the "Residential MortgageLoan Education, Research, and Recovery Fund."
(2) The interest earned on the fund shall be deposited into the fund.
(3) At the beginning of each fiscal year, the division shall make available
$100,000 in the fund to satisfy final judgments rendered against a person licensed under thischapter.
Amended by Chapter 379, 2010 General Session
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