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2025 Utah Code
Title 61 - Securities Division - Real Estate Division
Chapter 1 - Utah Uniform Securities Act
Section 18.8 - Concurrence under this chapter.
Universal Citation:
UT Code § 61-1-18.8 (2025)
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Effective 5/10/2016
61-1-18.8. Concurrence under this chapter.
Enacted by Chapter 25, 2016 General Session
61-1-18.8. Concurrence under this chapter.
- (1) For purposes of this section, "concurrence" means the entities given a concurring role must jointly agree for the action to be taken.
- (2) Except for Section 61-1-18.7, if a provision of this chapter requires concurrence between the director or division and the commission and no concurrence can be reached, the director or division has final authority.
- (3) When this chapter requires concurrence between the director or division and the commission:
- (a) the director or division shall report to and update the commission on a regular basis related to matters requiring concurrence; and
- (b) the commission shall review the report submitted by the director or division under this Subsection (3) and concur with the report, or:
- (i) provide a reason for not concurring with the report; and
- (ii) provide recommendations to the division or director.
Enacted by Chapter 25, 2016 General Session
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