As used in this part:

1. (1) "Civil judgment" means a judgment in a civil action that:

   1. (a) is awarded in an action brought against a person licensed under this chapter on the basis of fraud, misrepresentation, or deceit in a residential mortgage loan transaction; and
   2. (b) awards actual damages.
2. (2) "Criminal restitution judgment" means a judgment that, in accordance with Title 77, Criminal Procedure, orders criminal restitution to a person and against a person licensed under this chapter for a criminal offense involving fraud, misrepresentation, or deceit in a residential mortgage loan transaction.

3. (3) "Final judgment" means one of the following judgments upon termination of the proceedings related to the judgment, including appeals:

   1. (a) a civil judgment; or
   2. (b) a criminal restitution judgment.
4. (4) "Fund" means the Residential Mortgage Loan Education, Research, and Recovery Fund created in Section 61-2c-501.

Amended by Chapter 291, 2026 General Session