Utah Code 7-24-302. Examination of books, accounts, and records by the department
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(1) The department may examine the books, accounts, and records of a title lender and may make investigations to determine compliance with this chapter.
Terms Used In Utah Code 7-24-302
- Department: means the Department of Financial Institutions. See Utah Code 7-1-103
- Title lender: includes a person that:(3)(b)(i) arranges a title loan on behalf of a title lender;(3)(b)(ii) acts as an agent for a title lender; or(3)(b)(iii) assists a title lender in the extension of a title loan. See Utah Code 7-24-102(2) In accordance with Section 7-1-401, a title lender shall pay a fee for an examination conducted under Subsection (1).