No. 28860: R154-2. Utah Uniform Commercial Code, Revised Article 9 Rules

DAR File No.: 28860
Filed: 06/29/2006, 04:41
Received by: NL

 

NOTICE OF REVIEW AND STATEMENT OF CONTINUATION

Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:

Section 70A-9a-526 requires the division to maintain rules to implement this act.

 

Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:

An ad hoc committee from the Utah State Bar has asked for a change in the rule at Section R154-2-149 which would give more information about exact name searches. No other comments have been received.

 

Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:

There is a statutory mandate to continue the rule. The Division is not opposed to changes in the rule and will work with the Utah State Bar on these fixes.

 

The full text of this rule may be inspected, during regular business hours, at the Division of Administrative Rules, or at:

Commerce
Corporations and Commercial Code
HEBER M WELLS BLDG
160 E 300 S
SALT LAKE CITY UT 84111-2316

 

Direct questions regarding this rule to:

Kathy Berg at the above address, by phone at 801-530-6216, by FAX at 801-530-6438, or by Internet E-mail at [e-mail]

 

Authorized by:

Kathy Berg, Director