Full text of Utah Utah Code § 13-42-132 — Powers of the division., with citation guidance and answers to common questions.
§ 13-42-132. Powers of the division.
Effective 5/6/2026 13-42-132.
Powers of the division.
(1)
The division may:
(a)
act on the division's own initiative or in response to complaints;
(b)
receive complaints;
(c)
take action to obtain voluntary compliance with this chapter;
(d)
refer cases to the attorney general; and
(e)
seek or provide remedies as provided in this chapter.
(2)
(a)
The division may investigate and examine, in this state or elsewhere, by subpoena or otherwise, the activities, books, accounts, and records of:
(i)
a person that provides or offers to provide debt-management services; or
(ii)
a person to which a provider delegates the provider's obligations under an agreement or this chapter, to determine compliance with this chapter.
(b)
The division may not disclose information that identifies an individual who has an agreement with the provider to the public.
(c)
In connection with an investigation described under this Subsection (2), the division may:
(i)
charge the person any reasonable expense the division incurs to conduct the examination;
(ii)
require or permit a person to file a statement under oath as to each fact and circumstances of a matter the division investigates; and
(iii)
seek a court order authorizing seizure from a bank at which the person maintains a trust account described in Section 13-42-122, any or all money, books, records, accounts, and other property of the provider that the bank controls and relates to an individual who resides in this state.
enter into a cooperative arrangement with a federal or state agency that has authority over providers; and
(b)
exchange with a federal or state agency information about a provider, including information the division obtains during an examination of the provider.
(5)
The division shall establish fees in accordance with Section 63J-1-504 that a provider shall pay for the expense of administering this chapter.
the United States Bureau of Labor Statistics Consumer Price Index for All Urban Consumers; or
(ii)
if the United States Bureau of Labor Statistics Consumer Price Index for All Urban Consumers is not available, another index the division adopts by rule.
(b)
The division shall adopt a base year and adjust the dollar amounts, effective on July 1 of each year, if the change in the index from the base year, as of December 31 of the preceding year, is at least 10%.
(c)
The division shall round the dollar amount to the nearest $100, except that the division shall round the amounts in Section 13-42-123 to the nearest dollar.
(7)
The division shall notify registered providers of any change in dollar amounts made in accordance with Subsection (6) and make that information available to the public.
Section 13-42-132 ("Powers of the division.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Utah § 13-42-132?
A common citation format is "Utah Code § 13-42-132" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Utah law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.
How does Utah § 13-42-132 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.