Section R25-21-4 - Approved Payment Providers(1) A payment provider must submit evidence of compliance with Section R25-21-3 to the Department of Government Operations, Division of Finance for consideration for approval and on an annual basis thereafter.(2) A payment provider must notify the Division of Finance within 30 days of any changes in information reported for compliance to this rule. If required, time to cure non-compliance will be assigned by the Division of Finance upon notification.(3) Failure to comply with the standards of Rule R25-21 will result in automatic removal from the approved payment provider list.(4) Any misrepresentation or incorrect information submitted by the Payment Provider either in the application for approval or other communication is grounds for termination of approval as a Payment Provider.(5) A payment provider that is removed from the approved payment provider list may appeal to the Director of the Division of Finance for reinstatement subject to Rule R25-2.(6) A list of approved payment providers is available at finance.utah.gov/cannabispaymentproviders.Utah Admin. Code R25-21-4
Amended by Utah State Bulletin Number 2020-06, effective 3/10/2020Amended by Utah State Bulletin Number 2020-18, effective 9/7/2020Amended by Utah State Bulletin Number 2023-05, effective 2/21/2023