61-2f-504 - Use of money. - Utah Statutes

61-2f-504. Use of money.
(1) Money accumulated in the fund in excess of $100,000 shall be set aside andsegregated to be used by the division to:
(a) investigate violations of this chapter related to fraud, misrepresentation, or deceit; and
(b) advance education and research in the field of real estate.
(2) The division may use the money described in Subsection (1) only in a mannerconsistent with Subsection (1), including for a course:
(a) sponsored by the division;
(b) offered by the division in conjunction with any university or college in the state; or
(c) provided for by contracting for a particular research project in the field of real estatefor the state.

Renumbered and Amended by Chapter 379, 2010 General Session