38-11-202.  Payments to the fund.
     Beginning on May 8, 2018, the Residence Lien Recovery Fund will no longer be supported by special assessments and will be solely supported by:

(1)  fees determined by the division under Section 63J-1-504 collected from laborers under Subsection 38-11-204(7) when the laborers obtain a recovery from the fund;

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Terms Used In Utah Code 38-11-202

  • Lien: A claim against real or personal property in satisfaction of a debt.
(2)  amounts collected by subrogation under Section 38-11-205 on behalf of the fund following a payment from the fund;

(3)  application fees determined by the division under Section 63J-1-504 collected from:

(a)  qualified beneficiaries or laborers under Subsection 38-11-204(1)(b) when qualified beneficiaries or laborers make a claim against the fund; or

(b)  owners or agents of the owners seeking to obtain a certificate of compliance for the owner;

(4)  registration fees determined by the division under Section 63J-1-504 collected from other qualified beneficiaries registering with the department in accordance with Subsection 38-11-301(3)(a)(iii);

(5)  civil fines authorized under Subsection 38-11-205(2) collected by the attorney general for failure to reimburse the fund; and

(6)  any interest earned by the fund.

Amended by Chapter 354, 2020 General Session