Use of money.

Utah Code § 61-2f-504, under Part 61-2f-5: Real Estate Education, Research, and Recovery Fund Act.

Utah Code § 61-2f-504

61-2f-504. Use of money.

(1) Money accumulated in the fund in excess of $100,000 shall be set aside and segregated to be used by the division to: investigate violations of this chapter related to fraud, misrepresentation, or deceit; and advance education and research in the field of real estate.

(2) The division may use the money described in Subsectiononly in a manner consistent with Subsection, including for a course: (1) (1) sponsored by the division; offered by the division in conjunction with any university or college in the state; or provided for by contracting for a particular research project in the field of real estate for the state.