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Utah Code Title 13. Commerce and Trade § 13-57-201. Maintenance funding provider registration and registration renewal

Current as of May 05, 2022 | Updated by FindLaw Staff

(1) Except as provided in Subsection (4), a business entity may not act as a maintenance funding provider in this state without registering with the division.

(2) To register as a maintenance funding provider, a business entity shall submit to the division an application for registration:

(a) in the manner the division determines;  and

(b) that includes:

(i) an application fee in an amount determined by the division in accordance with Sections 13-1-2 and 63J-1-504;  and

(ii) anything else the division requires as established in rule made in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act.

(3) Each year a maintenance funding provider shall renew the maintenance funding provider's registration by submitting to the division an application for registration renewal:

(a) in the manner the division determines;  and

(b) that includes:

(i) an application fee in an amount determined by the division in accordance with Sections 13-1-2 and 63J-1-504;  and

(ii) anything else the division requires as established in rule made in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act.

(4) A business entity who acts as a maintenance funding provider in the state between May 12, 2019, and May 12, 2020, is permitted to continue to act as a maintenance funding provider:

(a) if the person:

(i) applies for registration in accordance with this section;  and

(ii) complies with the requirements of this chapter;  and

(b) until the division makes a determination regarding the person's application for registration under this section.

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Cite this article: FindLaw.com - Utah Code Title 13. Commerce and Trade § 13-57-201. Maintenance funding provider registration and registration renewal - last updated May 05, 2022 | https://codes.findlaw.com/ut/title-13-commerce-and-trade/ut-code-sect-13-57-201/

Read this complete Utah Code Title 13. Commerce and Trade § 13-57-201. Maintenance funding provider registration and registration renewal on Westlaw

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