38-11-202 - Payments to the fund.
38-11-202. Payments to the fund.
The Residence Lien Recovery Fund shall be supported solely from:
(1) initial and special assessments collected by the division from licensed contractorsregistered as qualified beneficiaries in accordance with Subsections 38-11-301(1) and (2) andSection 38-11-206;
(2) initial and special assessments collected by the division from other qualifiedbeneficiaries registering with the division in accordance with Subsection 38-11-301(3) andSection 38-11-206;
(3) fees determined by the division under Section 63J-1-504 collected from laborersunder Subsection 38-11-204(7) when the laborers obtain a recovery from the fund;
(4) amounts collected by subrogation under Section 38-11-205 on behalf of the fundfollowing a payment from the fund;
(5) application fees determined by the division under Section 63J-1-504 collected from:
(a) qualified beneficiaries or laborers under Subsection 38-11-204(1)(b) when qualifiedbeneficiaries or laborers make a claim against the fund; or
(b) owners or agents of the owners seeking to obtain a certificate of compliance for theowner;
(6) registration fees determined by the division under Section 63J-1-504 collected fromother qualified beneficiaries registering with the department in accordance with Subsection38-11-301(3)(a)(iii);
(7) reinstatement fees determined by the division under Section 63J-1-504 collected fromregistrants in accordance with Subsection 38-11-302(5)(b);
(8) civil fines authorized under Subsection 38-11-205(2) collected by the attorneygeneral for failure to reimburse the fund; and
(9) any interest earned by the fund.
Amended by Chapter 183, 2009 General Session