§ 61-2f-504. Use of money.

Latest version.

(1)

Money accumulated in the fund in excess of $100,000 shall be set aside and segregated to be used by the division to:

(a)	investigate violations of this chapter related to fraud, misrepresentation, or deceit; and

(b)	advance education and research in the field of real estate.

(2)

The division may use the money described in Subsection (1) only in a manner consistent with Subsection (1), including for a course:

(a)	sponsored by the division;

(b)	offered by the division in conjunction with any university or college in the state; or

(c)	provided for by contracting for a particular research project in the field of real estate for the state.

Renumbered and Amended by Chapter 379, 2010 General Session

                    
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