Section 103 – Rules.

Effective 5/12/2015
7-25-103. Rules.
The commissioner may make a rule authorized by this chapter in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, including to:

• (1) restrict or prohibit practices that are misleading, unfair, or abusive;

• (2) promote or assure fair and full disclosure of the terms and conditions of agreements and communications between a customer and a money transmitter; and

• (3) promote or assure uniform application of or to resolve ambiguities in applicable state or federal laws or federal regulations.

Enacted by Chapter 284, 2015 General Session