(1) |
Terms Used In Utah Code 58-9-708- Contract: A legal written agreement that becomes binding when signed.
- Trustee: A person or institution holding and administering property in trust.
(a) |
The division may at any time:
(i) |
audit records of the provider; and |
(ii) |
inspect records of the provider. |
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(b) |
The provider or trustee shall make available to the division for examination, inspection, or auditing all records pertaining to the accounts relating to:
(i) |
any contract sold under this chapter; and |
(ii) |
any trust established under this chapter. |
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(2) |
(a) |
The director may employ experts from outside the division if special need exists to perform examinations, inspections, and audits under this section. |
(b) |
The provider shall be responsible for payment to the division of all reasonable and necessary costs related to the employment of experts under this section. |
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Enacted by Chapter 49, 2003 General Session