Utah Code Title 38. Liens § 38-11-201. Residence Lien Recovery Fund

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) There is created an expendable special revenue fund called the “Residence Lien Recovery Fund.”

(2) The fund shall earn interest.

(3) The division shall employ personnel and resources necessary to administer the fund and shall use fund money in accordance with Sections 38-11-203 and 38-11-204 and to pay the costs charged to the fund by the attorney general.

(4) Costs incurred by the division, on or after May 8, 2018, for administering the fund may be paid out of fund money in an amount that may be no more than a total of $300,000 for the remaining existence of the fund.

(5)(a) The Division of Finance shall report annually to the Legislature and the division.

(b) The report shall state:

(i) amounts received by the fund;

(ii) disbursements from the fund;

(iii) interest earned and credited to the fund; and

(iv) the fund balance.

Previous Part of Code Next Part of Code

Back to Chapter List

Cite this article: FindLaw.com - Utah Code Title 38. Liens § 38-11-201. Residence Lien Recovery Fund - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-38-liens/ut-code-sect-38-11-201/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Did FindLaw Help You Understand This Legal Issue?

Make It a Preferred Google Search Source

Add to Google

Latest Blog Posts

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)