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Utah Administrative Code (Current through November 1, 2019) |
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R343. Financial Institutions, Nondepository Lenders |
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R343-2. Mortgage Lenders, Brokers and Servicers Fees |
| R343-2-1. Authority, Scope and Purpose |
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Latest version.
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(1) This rule is issued pursuant to Section 70D-2-203. (2) This rule applies to mortgage lenders, brokers or servicers who are required to file a written notification with the commissioner. (3) This rule establishes the annual notification renewal and examination fees. |
| R343-2-2. Definitions |
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(1) "Commissioner" means the Commissioner of Financial Institutions. (2) "Department" means the Department of Financial Institutions. |
| R343-2-3. Annual Notification Renewal Fee |
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Latest version.
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(1) Each person required to file an annual notification renewal shall pay the commissioner a fee of $100. |
| R343-2-4. Examination Fee |
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Latest version.
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(1) A mortgage lender, broker or servicer who is examined by the department shall pay the commissioner a per diem assessment calculated at the rate of $55 per hour: (i) for each examiner; and (ii) per hour worked. |