38-11-202. Payments to the fund.
182 words·~1 min read·
/ut/title-38/chapter-11/38-11-202A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/12/2020
38-11-202. 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.
Amended by Chapter 354 , 2020 General Session