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2006 Utah Code - 61-2c-501 — Fund created -- Minimum balance.

     61-2c-501.   Fund created -- Minimum balance.
     (1) There is created a restricted 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 state fiscal year, $100,000 shall remain available in the fund to satisfy judgments rendered against individuals and entities licensed under this chapter.

Enacted by Chapter 297, 2004 General Session

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