Section 61-2c-203 - General qualifications for licensure(1) To qualify for licensure under this chapter, a person shall demonstrate through procedures established by rule made by the division in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act: (a) financial responsibility;(b) honesty, integrity, and truthfulness; and(c) the competence to transact the business of residential mortgage loans, including general fitness such as to command the confidence of the community and to warrant a determination that the person will operate honestly, fairly, and efficiently within the purposes of this chapter.(2) If an applicant is an entity, the applicant may not have a control person who fails to meet the requirements of Subsection (1) for an individual applicant.(3)(a) The division shall determine whether an applicant with a criminal history qualifies for licensure.(b) If the division, acting under Subsection (3)(a), denies or restricts a license or places a license on probation, the applicant may petition the commission for de novo review of the application.Amended by Chapter 204, 2022 General Session ,§ 2, eff. 5/4/2022.Amended by Chapter 166, 2012 General Session ,§ 12, eff. 5/8/2012.Amended by Chapter 289, 2011 , 2011 General Session