There Is a Newer Version of the Utah Code
2011 Utah Code
Title 61 Securities Division - Real Estate Division
Chapter 2c Utah Residential Mortgage Practices and Licensing Act
- Section 101 Title.
- Section 102 Definitions.
- Section 103 Powers and duties of the division.
- Section 104 Residential Mortgage Regulatory Commission.
- Section 105 Scope of chapter -- Exemptions.
- Section 106 Addresses provided the division.
- Section 201 Licensure required of person engaged in the business of residential mortgage loans.
- Section 202 Licensure procedures.
- Section 203 General qualifications for licensure.
- Section 204.1 Education providers -- Education requirements -- Examination requirements.
- Section 205 Term of licensure -- Renewal -- Reporting of changes.
- Section 205.1 Transition to use of nationwide database.
- Section 206 Principal lending manager licenses.
- Section 209 Sponsorship -- Affiliation.
- Section 301 Prohibited conduct -- Violations of the chapter.
- Section 302 Record requirements.
- Section 401 Investigations.
- Section 402 Disciplinary action.
- Section 402.1 Adjudicative proceedings -- Review.
- Section 403 Cease and desist orders.
- Section 404 Civil actions.
- Section 405 Penalty for violating this chapter -- Automatic revocation.
- Section 501 Fund created.
- Section 501.5 Definitions.
- Section 502 Additional license fee.
- Section 503 Notice to division -- Judgment against mortgage licensee -- Fraud, misrepresentation, or deceit -- Verified petition for order directing payment from fund -- Limitations and procedure.
- Section 504 Authority to act on receipt of petition.
- Section 505 Court determination and order.
- Section 506 Insufficient funds to satisfy judgment -- Procedure and interest.
- Section 507 Division subrogated -- Authority to revoke license.
- Section 508 Failure to comply.
- Section 509 Disciplinary actions.
- Section 510 Money accumulated -- Purpose.
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