Utah Administrative Code (Current through November 1, 2019) |
R343. Financial Institutions, Nondepository Lenders |
R343-10. Title Lenders Registration with the Nationwide Database |
R343-10-4. Initial Registration of Title Lenders
Latest version.
-
(1) On or after November 1, 2015, persons seeking authorization to transact business as a title lender in Utah or with a Utah resident may register with the department through the NMLS.
(a) Title lenders that do not have a record in NMLS will be required to complete a Form MU1 on the NMLS website.
(b) Title lenders that have a record in NMLS and have submitted a company Form MU1 are not required to reenter their company information. Those with a record will complete the appropriate registration for Utah.