4 chapters · 43 sections in this title.
Utah Code § 70D-3-101 Title.
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70D-3-101. Title. This chapter is known as the "Financial Institution Loan Originator Licensing Act."
Utah Code § 70D-3-102 Definitions.
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70D-3-102. Definitions. As used in this chapter: (1) "Administrative or clerical tasks" means: the receipt, collection, and distribution of information common for the process or underwriting of a loan in the mortgage industry; and a communication with a consumer to obtain informa…
Utah Code § 70D-3-103 General powers and duties of commissioner.
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70D-3-103. General powers and duties of commissioner. Subject to this chapter: (1) In accordance with, the commissioner may make rules authorized by this chapter, including: Title 63G, Chapter 3, Utah Administrative Rulemaking Act providing for an interim procedure for: licensing…
Utah Code § 70D-3-201 Licensing required -- Exemptions.
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70D-3-201. Licensing required -- Exemptions. (1) On or after January 1, 2011, except as provided in Subsection, an individual described in Subsectionmay not engage in the business of a loan originator unless that individual: (2) (1)(b) is licensed under this chapter; or is a regi…