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Securities Division - Real Estate Division | |
Utah Residential Mortgage Practices and Licensing Act | |
Section 405 | Penalty for violating this chapter -- Automatic revocation. |
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61-2c-405. Penalty for violating this chapter -- Automatic revocation. (1) In addition to being subject to a disciplinary action by the commission, a person required to be licensed or certified under this chapter who violates this chapter: (a) is guilty of a class A misdemeanor upon conviction of a first violation of this chapter; and (b) is guilty of a third degree felony upon conviction of a second or subsequent violation of this chapter. (2) A license or certification issued by the division to a person convicted of a violation of Section 76-6-1203 is automatically revoked.
Amended by Chapter 352, 2009 General Session |
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