UTAH CODE (Last Updated: January 16, 2015) |
Title 31A. Insurance Code |
Chapter 41. Title Insurance Recovery, Education, and Research Fund Act |
Part 2. Creation of Fund |
§ 31A-41-201. Creation of Title Insurance Recovery, Education, and Research Fund.
Latest version.
-
(1) There is created an expendable special revenue fund to be known as the "Title Insurance Recovery, Education, and Research Fund." (2) The fund shall consist of: (a) assessments on individual title insurance producers and agency title insurance producers made under this chapter; (b) amounts collected under Section 31A-41-305; and (c) interest earned on the fund. (3) Interest on fund money shall be deposited into the fund. (4) The department shall administer the fund.