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Utah controlled business bill becomes law
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Legislative Developments
Wednesday, April 3, 2019
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Utah Gov. Gary Herbert signed legislation that was revised to adopt the federal RESPA statute as state law governing affiliated businesses. The bill originally sought to repeal provisions of the state’s Insurance Code to prohibit title business referrals from certain persons who have a financial interest in the title insurance entity to which the person refers the title business. Read on for more details.
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