Utah Code § 61-2f-509

Current through the 2024 Fourth Special Session

Section 61-2f-509 - Insufficient funds to satisfy judgments - Procedure and interest

If money deposited in the fund and allotted for satisfying a final judgment against a real estate licensee is insufficient to satisfy an order issued in accordance with Section 61-2f-508, when sufficient money is deposited in the fund, the division shall:

(1) satisfy the unpaid claims in the order that the unpaid claims are originally filed; and

(2) pay with the claim accumulated interest at the rate of 8% per annum.

Utah Code § 61-2f-509

Renumbered and Amended by Chapter 379, 2010 General Session .