If an entity pays a fee or costs to the division with a negotiable instrument or other method that is not honored for payment:
(i)
the transaction for which the payment is submitted is voidable by the division;
(ii)
the division may reverse the transaction if payment of the applicable fee or costs is not received in full; and
(iii)
the entity's registration is automatically suspended:
(A)
beginning the day on which the payment is due; and
(B)
ending the day on which payment is made in full.
(2)
A registration application shall include the following:
(a)
the name of the entity seeking registration;
(b)
a business address of the entity seeking registration;
(c)
telephone contact information of the entity seeking registration;
(d)
if the entity is not an entity domiciled in this state, the name and contact information for the entity's agent for service of process in this state;
(e)
for each individual who owns 10% or more of the entity:
(i)
the individual's name, address, and contact information;
(ii)
a statement of whether or not the individual has had a license or certificate to engage in an act related to a real estate or mortgage transaction refused, denied, canceled, or revoked in this state or in another state; and
(iii)
(A)
fingerprint cards in a form acceptable to the division at the time the registration application is filed; and
(B)
consent to a criminal background check by the Utah Bureau of Criminal Identification and the Federal Bureau of Investigation regarding the application;
(f)
the name, address, and contact information for each controlling person;
(g)
for the controlling person designated as the contact as required by Section 61-2e-201:
(i)
a statement of whether or not the individual has had a license or certificate to engage in an act related to a real estate or mortgage transaction refused, denied, canceled, surrendered in lieu of revocation, or revoked in this state or in another state, territory, or the District of Columbia; and
(ii)
(A)
fingerprint cards in a form acceptable to the division at the time the registration application is filed; and
(B)
consent to a criminal background check by the Utah Bureau of Criminal Identification and the Federal Bureau of Investigation regarding the application;
(h)
provide an explanation required by:
(i)
Section 61-2e-301, related to adding an individual to an appraiser panel;
(ii)
Section 61-2e-302, related to the review of the work of an appraiser; and
An irrevocable consent for service of process required to be filed under Subsection (1) shall provide that process may be served on the entity by delivering the process to the director if:
(a)
the service of process is for an action:
(i)
in a court of this state against an entity; and
(ii)
arising out of an act governed by this chapter; and
(b)
a plaintiff cannot, in the exercise of due diligence, obtain personal service upon the entity.
Section 2e-202 ("Initial registration process.") 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 § 2e-202?
A common citation format is "Utah Code § 2e-202" (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 § 2e-202 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.
