The commissioner may make a rule authorized by this chapter in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, including to:

(1) restrict or prohibit practices that are misleading, unfair, or abusive;

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Terms Used In Utah Code 7-25-103

  • Commissioner: means the Commissioner 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
(2) promote or assure fair and full disclosure of the terms and conditions of agreements and communications between a customer and a money transmitter; and
(3) promote or assure uniform application of or to resolve ambiguities in applicable state or federal laws or federal regulations.