13-2-109. Consumer Protection Education and Training Fund.
269 words·~1 min read·
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Effective 5/6/2026
13-2-109. Consumer Protection Education and Training Fund.
(1)There is created an expendable special revenue fund known as the "Consumer Protection Education and Training Fund."
(a)Unless otherwise provided by a chapter or section listed in Section 13-2-102 , the division shall deposit into the Consumer Protection Education and Training Fund all money not distributed as consumer restitution that the division receives from:
(i)administrative fines and settlements;
(ii)criminal restitution; or
(iii)civil damages, forfeitures, penalties, and settlements when the division receives the money on the division's own behalf and not in a representative capacity.
(b)The division may maintain any portion of the Consumer Protection Education and Training Fund in an interest-bearing account.
(c)The division shall deposit all interest earned on fund money into the Consumer Protection Education and Training Fund.
(3)Notwithstanding Title 63J, Chapter 1, Budgetary Procedures Act , the division may use the Consumer Protection Education and Training Fund with the approval of the executive director of the Department of Commerce in a manner consistent with the duties of the division under this chapter for:
(a)consumer protection education for members of the public;
(b)equipment for and training of division personnel;
(c)publication of consumer protection brochures, laws, policy statements, or other material relevant to the division's enforcement efforts; and
(d)investigation and litigation undertaken by the division.
(4)If the balance in the Consumer Protection Education and Training Fund exceeds $1,000,000 at the close of any fiscal year, the division shall transfer the excess to the General Fund.
Renumbered and Amended by Chapter 95 , 2026 General Session