There Is a Newer Version of the Utah Code
2011 Utah Code
Title 70C Utah Consumer Credit Code
Chapter 8 Administration
Section 203 Fees -- Examinations.
70C-8-203. Fees -- Examinations.(1) A party required to file notification under Section 70C-8-202 shall, on or before January 31 of each year, pay to the department an annual fee equal to the sum of:
(a) $25; and
(b) $7 for each $100,000 or part thereof in excess of $100,000, of the original principal balance of all consumer credit the party extended during the preceding calendar year.
(2) In addition to filing notification, a party subject to this part, and a depository institution subject to this title:
(a) may be required to make a book or record relating to a consumer credit transaction available to the department or its authorized representative for examination; and
(b) shall pay to the department a fee to be set by the department based on an hourly rate per each examiner.
(3) No portion of a fee paid or owed to the department under this part is refundable because a party voluntarily or involuntarily ceases to extend credit to consumers:
(a) during the period covered by the fee; or
(b) before the time of an examination by the department of a book or record pertaining to a preceding consumer credit transaction.
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