Utah Admin. Code R64-5-5 - Loan Administration and Repayment
(1) An interrupted user shall repay the loan
issued under this rule within 30 days of the day they are paid in full by a
preferential user.
(2) If the
department determines that a borrower fails to repay a loan in accordance with
this rule, the department may bring suit in a court of competent jurisdiction
to require repayment of the loan by the preferential user or interrupted
user.
(3) If the department
prevails in an action brought under Subsection
R64-5-4(2) the
department may recover amounts owed, court costs, and reasonable attorney
fees.
(4) The commission may
delegate responsibilities under this rule to a commission appointed advisory
board pursuant to Subsection
4-18-106(7).
Notes
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