Utah Statutes
§ 70D-3-204 — Renewal of license.
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)A license issued under this chapter expires on December 31 of each year.
(2)To qualify to renew a license under this chapter an individual shall:
(2)(a) meet the requirements of Section 70D-3-202; and
(2)(b) complete the annual continuing education requirements of Section 70D-3-303.
(3)To renew a license under this chapter an individual shall:
(3)(a) file an application with the commissioner in a form prescribed by the commissioner in rule;
(3)(b) demonstrate that the individual continues to meet the requirements related to the nationwide database under 12 U.S.C. Sec. 5104;
(3)(c) demonstrate completion of the continuing education requirements; and
(3)(d) notwithstanding the requirements applicable to a regulatory fee under Section 63J-1-504, pay a fee of $100.
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Legislative History
Enacted by Chapter 72, 2009 General Session
Nearby Sections
15
§ 70D-1-101
Title.§ 70D-1-102
Definitions.§ 70D-2-101
Short title.§ 70D-2-102
Definitions.§ 70D-2-103
Exemptions.§ 70D-2-201
Registration -- Exemptions.§ 70D-2-203
Fees -- Examination.§ 70D-2-301
Record retention.§ 70D-2-302
Notice required with loan application.§ 70D-2-304
Statement to be provided.§ 70D-2-305
Fee restrictions.