Utah Statutes

§ 70D-3-203 — Initial licensure procedure.

Utah·Title 70D Financial Institution Mortgage Financing Regulation Act·Ch. 70D-3 Financial Institution Loan Originator Licensing Act·Part 70D-3-2 Licensing Requirements and Procedures
(1)To apply for licensure under this chapter an individual shall:
(1)(a) file an application with the commissioner in a form prescribed by the commissioner in rule;
(1)(b) demonstrate that the individual provided the information to the nationwide database required by 12 U.S.C. Sec. 5104;
(1)(c) provide the commissioner the individual's unique identifier;
(1)(d) consent to the commissioner receiving information obtained by the nationwide database under 12 U.S.C. Sec. 5104, including the results of a criminal history background check; and
(1)(e) notwithstanding the requirements applicable to a regulatory fee under Section 63J-1-504, pay a fee of $200.
(2)The commissioner shall grant an individual a license if the commissioner finds that the individual complies with:
(2)(a) Subsection (1)

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Legislative History

Enacted by Chapter 72, 2009 General Session

Nearby Sections

15
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