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Utah Code § 53-2a-609

Division to make rules to administer the loan program

Utah · Utah Code Title 53 — Public Safety Code · Status: effective

Banking, Finance & Insurance
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Utah Code § 53-2a-609, Division to make rules to administer the loan program, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2338705
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In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the division shall make rules establishing: (1) form, content, and procedure for loan and grant applications; (2) criteria and procedures for prioritizing loan and grant applications; (3) requirements and procedures for securing loans and grants; (4) procedures for making loans; (5) procedures for administering and ensuring repayment of loans, including late payment penalties; and (6) procedures for recovering on defaulted loans.