Utah § 67-5-31 Mortgage and Financial Fraud Investigation and Prosecution Restricted Account.

Utah Statutes

§ 67-5-31 — Mortgage and Financial Fraud Investigation and Prosecution Restricted Account.

Utah·Title 67 State Officers and Employees·Ch. 67-5 Attorney General

(1)There is created a restricted account within the General Fund known as the "Mortgage and Financial Fraud Investigation and Prosecution Restricted Account."

(2)The restricted account includes:

(2)(a) $2,000,000 of deposits from the foreclosure fraud settlement agreement between the United States Justice Department, United States Department of Housing and Urban Development, and a bipartisan group of state attorneys general, including Utah's attorney general, Bank of America, Citi, JP Morgan Chase, GMAC, and Wells Fargo announced in February 2012; and

(2)(b) any other amount appropriated by the Legislature.

(3)Money from the restricted account shall be used by the attorney general to:

(3)(a) investigate and prosecute mortgage and financial fraud throughout the state; and

(3)(b) fund m

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(1) There is created a restricted account within the General Fund known as the "Mortgage and Financial Fraud Investigation and Prosecution Restricted Account."
(2) The restricted account includes:

(2)(a) $2,000,000 of deposits from the foreclosure fraud settlement agreement between the United States Justice Department, United States Department of Housing and Urban Development, and a bipartisan group of state attorneys general, including Utah's attorney general, Bank of America, Citi, JP Morgan Chase, GMAC, and Wells Fargo announced in February 2012; and
(2)(b) any other amount appropriated by the Legislature.
(3) Money from the restricted account shall be used by the attorney general to:

(3)(a) investigate and prosecute mortgage and financial fraud throughout the state; and
(3)(b) fund mortgage and financial fraud investigation and prosecution staff.

Utah § 67-5-31 (Mortgage and Financial Fraud Investigation and Prosecution Restricted Account.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.