Who appoints the members of the Utah Residential Mortgage Regulatory Commission?

The correct choice reflects the established protocol within the state of Utah regarding the composition of the Utah Residential Mortgage Regulatory Commission. Members of this commission are appointed by the Executive Director of the Department of Commerce, showcasing the administrative framework that aligns with the state’s regulatory policies concerning residential mortgages.

This structure allows for a specialized oversight that ensures that individuals appointed to the commission have relevant expertise and understanding of the mortgage industry, which is crucial for effective regulations and consumer protection. The commission's primary responsibility is to oversee and implement laws related to residential mortgages, thus requiring members that are well-versed in real estate practices and financial regulations.

The other options do not align with the actual appointment process. While state officials and entities such as the Governor, Legislature, or the Department of Real Estate play vital roles within Utah's governance and regulatory frameworks, the specific responsibility for appointing members to this commission lies with the Executive Director of the Department of Commerce. This delineation emphasizes the importance of appointive authority in the administrative context of regulatory bodies.