Payments to the fund

Beginning on May 8, 2018, the Residence Lien Recovery Fund will no longer be supported by special assessments and will be solely supported by: (1) fees determined by the division under Section 63J-1-504 collected from laborers under Subsection 38-11-204(7) when the laborers obtain a recovery from the fund; (2) amounts collected by subrogation under Section 38-11-205 on behalf of the fund following a payment from the fund; (3) application fees determined by the division under Section 63J-1-504 collected from: (a) qualified beneficiaries or laborers under Subsection 38-11-204(1)(b) when qualified beneficiaries or laborers make a claim against the fund; or (b) owners or agents of the owners seeking to obtain a certificate of compliance for the owner; (4) registration fees determined by the division under Section 63J-1-504 collected from other qualified beneficiaries registering with the department in accordance with Subsection 38-11-301(3)(a)(iii); (5) civil fines authorized under Subsection 38-11-205(2) collected by the attorney general for failure to reimburse the fund; and (6) any interest earned by the fund.