61-2c-501. Fund created.
- (1) There is created an expendable special revenue fund known as the “Residential Mortgage Loan Education, Research, and Recovery Fund.”
- (2) The interest earned on the fund shall be deposited into the fund.
- (3) At the beginning of each fiscal year, the division shall make available
$100,000 in the fund to satisfy final judgments rendered against a person licensed under this chapter.
Amended by Chapter 400, 2013 General Session