Utah Code 7-24-301. Enforcement by department — Rulemaking
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(1) Subject to the requirements of Title 63G, Chapter 4, Administrative Procedures Act, the department may:
Terms Used In Utah Code 7-24-301
- Department: means the Department of Financial Institutions. See Utah Code 7-1-103
- State: means , unless the context demands otherwise:(33)(a) a state;(33)(b) the District of Columbia; or(33)(c) the territories of the United States. See Utah Code 7-1-103(1)(a) receive and act on complaints;(1)(b) take action designed to obtain voluntary compliance with this chapter; or(1)(c) commence administrative or judicial proceedings on its own initiative to enforce compliance with this chapter.
(2) The department may:
(2)(a) counsel persons and groups on their rights and duties under this chapter;
(2)(b) make rules to:
(2)(b)(i) restrict or prohibit lending or servicing practices that are misleading, unfair, or abusive;
(2)(b)(ii) promote or assure fair and full disclosure of the terms and conditions of agreements and communications between title lenders and customers; or
(2)(b)(iii) promote or assure uniform application of or to resolve ambiguities in applicable state or federal laws or federal regulations; and
(2)(c) employ hearing examiners, clerks, and other employees and agents as necessary to perform the department’s duties under this chapter.