(1) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the commissioner may make rules authorized by this chapter, including: (a) providing for an interim procedure for: (i) licensing; and (ii) acceptance of an application; and (b) coordination between filings required under this chapter and: (i)Title 70C, Utah Consumer Credit Code; or (ii)Chapter 2, Mortgage Lending and Servicing Act.

(a) providing for an interim procedure for: (i) licensing; and (ii) acceptance of an application; and

(i) licensing; and

(ii) acceptance of an application; and

(b) coordination between filings required under this chapter and: (i)Title 70C, Utah Consumer Credit Code; or (ii)Chapter 2, Mortgage Lending and Servicing Act.

(i)Title 70C, Utah Consumer Credit Code; or

(ii)Chapter 2, Mortgage Lending and Servicing Act.

(2) The commissioner may enter into a relationship or contract with the nationwide database or another entity designated by the nationwide database to do the following related to a licensee or other person subject to this chapter: (a) collect or maintain a record; and (b) process a transaction fee or other fee.

(a) collect or maintain a record; and

(b) process a transaction fee or other fee.

(3) The commissioner shall regularly report the following to the nationwide database: (a) a violation of this chapter; (b) disciplinary action under Section 70D-3-501; and (c) other information relevant to this chapter.

(a) a violation of this chapter;

(b) disciplinary action under Section 70D-3-501; and

(c) other information relevant to this chapter.