This document was released by Utah Department of Commerce and contains official instructions for Application for Collection Agency . The up-to-date fillable form is available for download through this link.
Q: What are the requirements for applying for a collection agency in Utah?
A: To apply for a collection agency in Utah, you must meet certain requirements such as having a registered agent, a physical office in Utah, and obtaining a surety bond.
Q: What is a registered agent?
A: A registered agent is a person or entity designated to receive legal documents on behalf of a business.
Q: What is a surety bond?
A: A surety bond is a form of insurance that provides a guarantee that a business will fulfill its obligations.
Q: How do I obtain a surety bond?
A: You can obtain a surety bond through an insurance company or a licensed bonding agent.
Q: Are there any fees associated with applying for a collection agency in Utah?
A: Yes, there are fees involved, such as the application fee and the licensing fee.
Instruction Details:
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