Utah Administrative Code (Current through November 1, 2019) |
R592. Insurance, Title and Escrow Commission |
R592-1. Title Insurance Licensing |
R592-1-5. Commission Concurrence with License Issuance or Renewal
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(1) The commissioner will report to the Title and Escrow Commission, at an interval and in a format acceptable to the commissioner and the Commission, the names of title licensee applicants or licensees:
(a) who were issued an initial license; and
(b) who were issued a renewal license.
(2) At a meeting of the Commission, the Commission shall give final concurrence or shall not concur with the licensing action of the commissioner.
(3) If the Commission votes to not concur with a licensing action of the commissioner for a licensee, the commissioner shall commence an administrative proceeding under the Utah Administrative Procedures Act to revoke, suspend, limit, or place on probation that license.