Creation of Title Insurance Recovery, Education, and Research Fund.

Utah Code § 31A-41-201, under Part 31A-41-2: Creation of Fund.

Utah Code § 31A-41-201

31A-41-201. Creation of Title Insurance Recovery, Education, and Research Fund.

(1) There is created an expendable special revenue fund to be known as the "Title Insurance Recovery, Education, and Research Fund."

(2) The fund shall consist of: assessments on individual title insurance producers and agency title insurance producers made under this chapter; amounts collected under Section; and 31A-41-305 interest earned on the fund.

(3) Interest on fund money shall be deposited into the fund.

(4) The department shall administer the fund.