Utah Code 13-57-401. Rulemaking
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The division shall make rules in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, to:
(1) establish an application process for a business entity to register with the division as a maintenance funding provider, in accordance with Section 13-57-201;
Terms Used In Utah Code 13-57-401
- Business entity: means a sole proprietorship, partnership, limited partnership, limited liability company, corporation, or other entity or association used to carry on a business for profit. See Utah Code 13-57-102
- Division: means the Division of Consumer Protection of the Department of Commerce established in Section 13-2-1. See Utah Code 13-57-102
- Maintenance funding agreement: means an agreement between an individual and a maintenance funding provider under which the maintenance funding provider provides legal funding to the individual. See Utah Code 13-57-102
- Maintenance funding provider: means a business entity that engages in the business of legal funding. See Utah Code 13-57-102
- Process: means a writ or summons issued in the course of a judicial proceeding. See Utah Code 68-3-12.5
(2) establish a filing process for a maintenance funding provider to file a maintenance funding agreement with the division;
(3) establish a filing process for annual reports required under Section 13-57-203; and
(4) carry out the provisions of this chapter.