2006 Utah Code - 70D-1-6 — Fee restrictions.

     70D-1-6.   Fee restrictions.
     No mortgage lender or broker may accept any fee or deposit from an applicant for a mortgage loan unless at the time the lender or broker accepts the fee there is a written statement signed by the applicant stating whether or not the deposit is refundable and describing the conditions under which all or a portion of the deposit will be refunded to the applicant.

Enacted by Chapter 172, 1990 General Session