Initial licensure procedure.

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  • (1) To apply for licensure under this chapter an individual shall:
    • (a) file an application with the commissioner in a form prescribed by the commissioner in rule;
    • (b) demonstrate that the individual provided the information to the nationwide database required by 12 U.S.C. Sec. 5104;
    • (c) provide the commissioner the individual's unique identifier;
    • (d) consent to the commissioner receiving information obtained by the nationwide database under 12 U.S.C. Sec. 5104, including the results of a criminal history background check; and
    • (e) notwithstanding the requirements applicable to a regulatory fee under Section 63J-1-504, pay a fee of $200.
  • (2) The commissioner shall grant an individual a license if the commissioner finds that the individual complies with:
    • (a) Subsection (1); and
    • (b) the qualifications for a license under Section 70D-3-202.
  • (3) Subject to this chapter, the commissioner may make rules in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, concerning:
    • (a) the form of an application under this chapter;
    • (b) the content of an application under this chapter; and
    • (c) the procedures for filing an application under this chapter.




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