Superseded 7/1/2026
154 words·~1 min read·
/ut/title-61/chapter-2c/7A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Superseded 7/1/2026
61-2c-501.5. Definitions.
As used in this part:
(1)"Civil judgment" means a judgment in a civil action that:
(a)is awarded in an action brought against a person licensed under this chapter on the basis of fraud, misrepresentation, or deceit in a residential mortgage loan transaction; and
(b)awards actual damages.
(2)"Criminal restitution judgment" means a judgment that, in accordance with the Utah Code of Criminal Procedure, orders criminal restitution to a person and against a person licensed under this chapter for a criminal offense involving fraud, misrepresentation, or deceit in a residential mortgage loan transaction.
(3)"Final judgment" means one of the following judgments upon termination of the proceedings related to the judgment, including appeals:
(a)a civil judgment; or
(b)a criminal restitution judgment.
(4)"Fund" means the Residential Mortgage Loan Education, Research, and Recovery Fund created in Section 61-2c-501 .
Amended by Chapter 289 , 2011 General Session