70D-3-302. Examination.

147 words·~1 min read·/ut/title-70d/chapter-3/70d-3-302

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)Before an individual may be licensed under this chapter, the individual shall pass a written examination that:

(a)meets the requirements of 12 U.S.C. Sec. 5104(d);

(b)is developed by the nationwide database; and

(c)is administered by an approved examination provider.

(2)The commissioner shall make rules made in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act , that:

(a)require that an individual comply at a minimum with the standards of 12 U.S.C. Sec. 5104(d); and

(b)address:

(i)what constitutes passing a written examination;

(ii)the ability of an individual to retake a written examination if the individual fails the written examination; and

(iii)when an individual is required to retake a written examination if an individual fails to maintain a valid license under this chapter after taking the written examination.

Enacted by Chapter 72 , 2009 General Session