Utah § 2f-510 - Division subrogated to claimant -- Authority to revoke license.

Full text of Utah Utah Code § 2f-510 — Division subrogated to claimant -- Authority to revoke license., with citation guidance and answers to common questions.

§ 2f-510. Division subrogated to claimant -- Authority to revoke license.

61-2f-510.  Division subrogated to claimant -- Authority to revoke license.
(1)
(a) If the division pays a claim against the fund in accordance with this chapter, the division is subrogated to the rights of the person who is paid the claim for the amounts paid out of the fund.
(b) The division shall deposit in the fund any amount and interest recovered by the division under this part.
(2)
(a) The license of a real estate licensee for whom payment from the fund is made under this chapter shall be automatically revoked.
(b) A person whose real estate license is revoked under Subsection (2)(a) may not apply for a new license under this chapter until the person pays in full:
(i) the amount paid by the fund for a claim that is based on a final judgment against the person; and
(ii) interest at a rate determined by the division with the concurrence of the commission.


Renumbered and Amended by Chapter 379, 2010 General Session

Source: official Utah text · Last verified 2026-08-27

Frequently Asked Questions About Utah § 2f-510

What does Utah Code § 2f-510 cover?

Section 2f-510 ("Division subrogated to claimant -- Authority to revoke license.") 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 § 2f-510?

A common citation format is "Utah Code § 2f-510" (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 § 2f-510 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.