Utah Statutes
§ 61-2c-501 — Fund created.
Utah § 61-2c-501
JurisdictionUtah
Title 61Securities Division - Real Estate Division
Ch. 61-2cUtah Residential Mortgage Practices and Licensing Act
Part 61-2c-5Residential Mortgage Loan Education, Research, and Recovery Fund
This text of Utah § 61-2c-501 (Fund created.) 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. § 61-2c-501 (2026).
Text
(1)There is created an expendable special revenue fund known as the "Residential Mortgage Loan Education, Research, and Recovery Fund."
(2)The interest earned on the fund shall be deposited into the fund.
(3)At the beginning of each fiscal year, the division shall make available
$100,000 in the fund to satisfy final judgments rendered against a person licensed under this chapter.
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Legislative History
Amended by Chapter 400, 2013 General Session
Nearby Sections
15
§ 61-1-1
Fraud unlawful.§ 61-1-10
Registration by qualification.§ 61-1-101
Title.§ 61-1-102
Definitions.§ 61-1-103
Procedure for disclosure.§ 61-1-105
Remedies for employee bringing action.§ 61-1-106
Award for reporter.§ 61-1-13
Definitions.§ 61-1-14
Exemptions.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 61-2c-501, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/61-2c-501.