Utah Code § 61-2f-504
Use of money
Utah · Utah Code Title 61 — Securities Division - Real Estate Division · Status: effective
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- Citation
- Utah Code § 61-2f-504, Use of money, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2345689
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Full text
(1) Money accumulated in the fund in excess of $100,000 shall be set aside and segregated to be used by the division to:
(a) investigate violations of this chapter related to fraud, misrepresentation, or deceit; and
(b) advance education and research in the field of real estate.
(2) The division may use the money described in Subsection (1) only in a manner consistent with Subsection (1), including for a course:
(a) sponsored by the division;
(b) offered by the division in conjunction with any university or college in the state; or
(c) provided for by contracting for a particular research project in the field of real estate for the state.