(1) This part does not limit the authority of the director or commission to take disciplinary action against a licensee for a violation of:

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Terms Used In Utah Code 61-2c-509

  • Commission: means the Residential Mortgage Regulatory Commission created in Section 61-2c-104. See Utah Code 61-2c-102
  • Director: means the director of the division. See Utah Code 61-2c-102
  • Division: means the Division of Real Estate. See Utah Code 61-2c-102
  • Fund: means the Residential Mortgage Loan Education, Research, and Recovery Fund created in Section 61-2c-501. See Utah Code 61-2c-501.5
  • Licensee: means a person licensed with the division under this chapter. See Utah Code 61-2c-102
     (1)(a) this chapter; or
     (1)(b) rules made by the division under this chapter.
(2) The repayment in full of all obligations to the fund by a licensee does not nullify or modify the effect of a disciplinary proceeding brought under:

     (2)(a) this chapter; or
     (2)(b) rules made by the division under this chapter.