Davidjenkins: Created page with "==Trustees== The Utah Code allows a title insurance agent to act as a Trustee as long as it can satisfy the three following criteria: * holds a certificate of authority or lic..."

2020-02-04T15:15:24Z

Created page with "==Trustees== The Utah Code allows a title insurance agent to act as a Trustee as long as it can satisfy the three following criteria: * holds a certificate of authority or lic..."

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==Trustees==
The Utah Code allows a title insurance agent to act as a Trustee as long as it can satisfy the three following criteria:
* holds a certificate of authority or license under Title 31A, Insurance Code, to conduct insurance business in the state;
* is actually doing business in the state; and
* maintains a bona fide office in the state;

In the event of a foreclosure (or at any time) the trustee’s role can be assigned to a substitute trustee by the lender/beneficiary.

Security Instruments in Utah - Revision history

Davidjenkins: Created page with "==Trustees== The Utah Code allows a title insurance agent to act as a Trustee as long as it can satisfy the three following criteria: * holds a certificate of authority or lic..."