Effective 5/12/2020 13-57-201. Maintenance funding provider registration and registration renewal. (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 […]
Effective 5/12/2020 13-57-202. Maintenance funding provider operations. (1) A maintenance funding provider may only provide legal funding to an individual if the maintenance funding provider and the individual enter into a maintenance funding agreement that meets the requirements of Section 13-57-301. (2) Before executing a maintenance funding agreement, a maintenance funding provider shall file with […]
Effective 5/12/2020 13-57-203. Annual reports. (1) On or before April 1 of each year, a maintenance funding provider registered in accordance with Section 13-57-201 shall file a report: (a) under oath; (b) with the director; and (c) in a form the director prescribes. (2) The report described in Subsection (1) shall include, for the preceding […]
