There is a newer version of the Utah Code
2016 Utah Code
Title 67 - State Officers and Employees
Chapter 5 - Attorney General
Section 31 - Mortgage and Financial Fraud Investigation and Prosecution Restricted Account.
UT Code § 67-5-31 (2016) What's This?
67-5-31. Mortgage and Financial Fraud Investigation and Prosecution Restricted Account. - (1) There is created a restricted account within the General Fund known as the "Mortgage and Financial Fraud Investigation and Prosecution Restricted Account."
- (2) The restricted account includes:
- (a) $2,000,000 of deposits from the foreclosure fraud settlement agreement between the United States Justice Department, United States Department of Housing and Urban Development, and a bipartisan group of state attorneys general, including Utah's attorney general, Bank of America, Citi, JP Morgan Chase, GMAC, and Wells Fargo announced in February 2012; and
- (b) any other amount appropriated by the Legislature.
- (3) Money from the restricted account shall be used by the attorney general to:
- (a) investigate and prosecute mortgage and financial fraud throughout the state; and
- (b) fund mortgage and financial fraud investigation and prosecution staff.
Enacted by Chapter 350, 2012 General Session
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