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2025 Utah Code
Title 13 - Commerce and Trade
Chapter 57 - Maintenance Funding Practices Act
Part 2 - Maintenance Funding Providers
Section 201 - Maintenance funding provider registration and registration renewal.
Universal Citation:
UT Code § 13-57-201 (2025)
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Effective 5/12/2020
13-57-201. Maintenance funding provider registration and registration renewal.
Enacted by Chapter 118, 2020 General Session
13-57-201. Maintenance funding provider registration and registration renewal.
- (1) Except as provided in Subsection (4), a business entity may not act as a maintenance funding provider in this state without registering with the division.
- (2) To register as a maintenance funding provider, a business entity shall submit to the division an application for registration:
- (a) in the manner the division determines; and
- (b) that includes:
- (i) an application fee in an amount determined by the division in accordance with Sections 13-1-2 and 63J-1-504; and
- (ii) anything else the division requires as established in rule made in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act.
- (3) Each year a maintenance funding provider shall renew the maintenance funding provider's registration by submitting to the division an application for registration renewal:
- (a) in the manner the division determines; and
- (b) that includes:
- (i) an application fee in an amount determined by the division in accordance with Sections 13-1-2 and 63J-1-504; and
- (ii) anything else the division requires as established in rule made in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act.
- (4) A business entity who acts as a maintenance funding provider in the state between May 12, 2019, and May 12, 2020, is permitted to continue to act as a maintenance funding provider:
- (a) if the person:
- (i) applies for registration in accordance with this section; and
- (ii) complies with the requirements of this chapter; and
- (b) until the division makes a determination regarding the person's application for registration under this section.
- (a) if the person:
Enacted by Chapter 118, 2020 General Session
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