Securities Division - Real Estate Division
Utah Residential Mortgage Practices and Licensing Act
Section 405
Penalty for violating this chapter -- Automatic revocation.
     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
Amended by Chapter 372, 2009 General Session
Download Code Section Zipped WordPerfect 61_02c040500.ZIP 1,917 Bytes