Utah Statutes
§ 38-11-206 — Limitations on fund balance.
Utah·Title 38 Liens·Ch. 38-11 Residence Lien Restriction and Lien Recovery Fund Act·Part 38-11-2 Residence Lien Recovery Fund
By October 1 of each year, the division shall provide a written report to the Legislature and the Business and Labor Interim Committee that describes:
(1)the amount of money in the fund, including the encumbered fund balance;
(2)an estimate of when the fund will have insufficient money to continue to pay claims under this chapter; and
(3)a recommendation to the Legislature of whether the substantive provisions of this chapter should be repealed due to insufficient money in the fund.
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Legislative History
Repealed and Re-enacted by Chapter 229, 2018 General Session
Nearby Sections
15
§ 38-10-101
Definitions.§ 38-10-103
Nonimpairment of lien attached to estate less than fee or to equitable or legal contingent interest.§ 38-10-104
Limitation of interests covered by lien.§ 38-10-106
Enforcement -- Time for -- Lis pendens -- Action for debt not affected -- Execution on an interest.§ 38-10-108
Limitation upon owner's liability.§ 38-10-110
Cancellation of lien.§ 38-10-111
Abuse of lien right -- Penalty.§ 38-10-112
Assignment of lien.§ 38-10-114
Attorney fees.