2006 Utah Code - 61-2c-510 — Monies accumulated -- Purpose.

     61-2c-510.   Monies accumulated -- Purpose.
     The division may use monies accumulated in the fund in excess of the amount necessary to satisfy claims to advance education and research in the field of residential mortgage loans, including:
     (1) courses sponsored by the division;
     (2) courses offered by the division in conjunction with a university or college in Utah;
     (3) contracting for a research project for the state in the field of residential mortgage loans;
     (4) funding the salaries and training expenses of division staff members who are employed in positions related to the education of mortgage licensees;
     (5) funding the training expenses of division staff members who are employed in positions conducting investigations of complaints under this chapter; and
     (6) publishing and distributing educational materials to:
     (a) licensees; and
     (b) applicants for licensure.

Enacted by Chapter 297, 2004 General Session