(1) (a) A person may not act as a consumer maintenance funding provider in this state without registering with the division. (b) A person who regularly engages as a commercial maintenance funding provider may not act as a commercial maintenance funding provider in this state without registering with the division. (2) To register as a maintenance funding provider, a person shall submit to the division an application for registration: (a) in the manner the division determines; and (b) that includes: (i) an application fee in an amount the division determines in accordance with Sections 13-1-2 and 63J-1-504; and (ii) anything else the division requires as established in rule the division makes in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act. (3) A registration of a consumer maintenance funding provider under this chapter is effective for one year after the day on which the division issues the registration. (4) Each year a maintenance funding provider shall renew the maintenance funding provider's registration by submitting to the division an application for registration renewal: (a) in the manner the division determines; and (b) that includes: (i) an application fee in an amount determined by the division in accordance with Sections
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