Division authority to act upon receipt of petition.

Utah Code § 61-2f-507, under Part 61-2f-5: Real Estate Education, Research, and Recovery Fund Act.

Utah Code § 61-2f-507

61-2f-507. Division authority to act upon receipt of petition.

(1) When the division is served a petition under Section 61-2f-506, the division may:

(a) file an answer to the petition in the court;

(b) initiate a review proceeding conducted by the division; or

(c) appear in any proceeding in the name of the defendant to the action or on behalf of the fund.

(2) The division may settle a claim against the fund if:

(a) the person who brings the claim requests a settlement; and

(b) the court in which the petition is filed approves the settlement.