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Code · Utah · Title 61 — Securities Division - Real Estate Division · Chapter 2F

61-2f-504. Use of money.

125 words·~1 min read·/ut/title-61/chapter-2f/61-2f-504

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61-2f-504. Use of money.
(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.
Renumbered and Amended by Chapter 379 , 2010 General Session
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