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Residential Mortgage Loan Education, Research, and Recovery Fund
Law
Utah Code
Securities Division - Real Estate Division
Utah Residential Mortgage Practices and Licensing Act
Residential Mortgage Loan Education, Research, and Recovery Fund
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Section
501
Fund created.
Section
501.5
Definitions.
Section
502
Additional license fee.
Section
503
Notice to division -- Judgment against mortgage licensee -- Fraud, misrepresentation, or deceit -- Verified petition for order directing payment from fund -- Limitations and procedure.
Section
504
Authority to act on receipt of petition.
Section
505
Court determination and order.
Section
506
Insufficient funds to satisfy judgment -- Procedure and interest.
Section
507
Division subrogated -- Authority to suspend license.
Section
508
Failure to comply.
Section
509
Disciplinary actions.
Section
510
Money accumulated -- Purpose.