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

61-2f-509. Insufficient funds to satisfy judgments -- Procedure and interest.

92 words·~1 min read·/ut/title-61/chapter-2f/61-2f-509

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61-2f-509. Insufficient funds to satisfy judgments -- Procedure and interest.
If money deposited in the fund and allotted for satisfying a final judgment against a real estate licensee is insufficient to satisfy an order issued in accordance with Section 61-2f-508 , when sufficient money is deposited in the fund, the division shall:
(1)satisfy the unpaid claims in the order that the unpaid claims are originally filed; and
(2)pay with the claim accumulated interest at the rate of 8% per annum.
Renumbered and Amended by Chapter 379 , 2010 General Session
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