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Terms Used In Utah Code 61-2c-505

  • Division: means the Division of Real Estate. See Utah Code 61-2c-102
  • Final judgment: means one of the following judgments upon termination of the proceedings related to the judgment, including appeals:
         (3)(a) a civil judgment; or
         (3)(b) a criminal restitution judgment. See Utah Code 61-2c-501.5
  • Fund: means the Residential Mortgage Loan Education, Research, and Recovery Fund created in Section 61-2c-501. See Utah Code 61-2c-501.5

     If the court determines that a claim should be levied against the portion of the fund allocated to carry out this chapter, the court shall enter an order requiring the division to pay from the fund the portion of a final judgment that is payable from the fund under Section 61-2c-503.