Utah § 2c-203 - General qualifications for licensure.

Full text of Utah Utah Code § 2c-203 — General qualifications for licensure., with citation guidance and answers to common questions.

§ 2c-203. General qualifications for licensure.

Effective 5/4/2022
61-2c-203.  General qualifications for licensure.
(1) To qualify for licensure under this chapter, a person shall demonstrate through procedures established by rule made by the division in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act:
(a) financial responsibility;
(b) honesty, integrity, and truthfulness; and
(c) the competence to transact the business of residential mortgage loans, including general fitness such as to command the confidence of the community and to warrant a determination that the person will operate honestly, fairly, and efficiently within the purposes of this chapter.
(2) If an applicant is an entity, the applicant may not have a control person who fails to meet the requirements of Subsection (1) for an individual applicant.
(3)
(a) The division shall determine whether an applicant with a criminal history qualifies for licensure.
(b) If the division, acting under Subsection (3)(a), denies or restricts a license or places a license on probation, the applicant may petition the commission for de novo review of the application.


Amended by Chapter 204, 2022 General Session

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Frequently Asked Questions About Utah § 2c-203

What does Utah Code § 2c-203 cover?

Section 2c-203 ("General qualifications for licensure.") 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 § 2c-203?

A common citation format is "Utah Code § 2c-203" (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 § 2c-203 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.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Utah.