Utah Statutes
§ 13-21-4 — Bond, letter of credit, or certificate of deposit -- Not required of agent if obtained by organization.
Utah § 13-21-4
This text of Utah § 13-21-4 (Bond, letter of credit, or certificate of deposit -- Not required of agent if obtained by organization.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Utah Code Ann. § 13-21-4 (2026).
Text
(1)If a credit services organization has obtained a bond, letter of credit, or certificate of deposit as set forth in Subsection 13-21-3(1) a salesperson, agent, or representative who sells the services of that organization is not required to post a separate bond, letter of credit, or certificate of deposit.
(2)As used in this section, a person is not a salesperson, agent, or representative of a credit services organization unless:
(2)(a) the person does business under the same name as the credit services organization; or
(2)(b) the credit services organization and the issuer of the bond or letter of credit certify in writing that the bond or letter of credit covers the person.
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Legislative History
Amended by Chapter 302, 2025 General Session
Nearby Sections
15
§ 13-1-15
Exemptions from licensure.§ 13-1-18
License by endorsement.§ 13-1-2
Creation and functions of department -- Divisions created -- Fees -- Commerce Service Account.§ 13-1-3
Executive director.§ 13-1-4
Centralization of duties.§ 13-1-6
Rules and regulations.§ 13-1-7
Budgets.§ 13-1-8
Annual report.§ 13-1-8.5
Procedures -- Adjudicative proceedings.§ 13-10-1
Title of chapter.§ 13-10-2
Purpose of chapter.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 13-21-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/13-21-4.