Utah § 61-2f-509 Insufficient funds to satisfy judgments -- Procedure and interest.

Utah Statutes

§ 61-2f-509 — Insufficient funds to satisfy judgments -- Procedure and interest.

Utah § 61-2f-509

Title 61Securities Division - Real Estate Division

Ch. 61-2fReal Estate Licensing and Practices Act

Part 61-2f-5Real Estate Education, Research, and Recovery Fund Act

This text of Utah § 61-2f-509 (Insufficient funds to satisfy judgments -- Procedure and interest.) 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. § 61-2f-509 (2026).

Text

If money deposited in the fund and allotted for satisfying a final judgment against a real estate licensee is insufficient to satisfy an order issued in accordance with Section 61-2f-508, when sufficient money is deposited in the fund, the division shall:

(1)satisfy the unpaid claims in the order that the unpaid claims are originally filed; and

(2)pay with the claim accumulated interest at the rate of 8% per annum.

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If money deposited in the fund and allotted for satisfying a final judgment against a real estate licensee is insufficient to satisfy an order issued in accordance with Section 61-2f-508, when sufficient money is deposited in the fund, the division shall:
(1) satisfy the unpaid claims in the order that the unpaid claims are originally filed; and
(2) pay with the claim accumulated interest at the rate of 8% per annum.