2006 Utah Code - 57-19-16 — Denial, revocation, or suspension of registration of salesperson -- Fine.

     57-19-16.   Denial, revocation, or suspension of registration of salesperson -- Fine.
     Subject to Section 57-19-17, an application for registration as a salesperson may be denied, an existing registration may be revoked or suspended, or a fine not to exceed $500 may be imposed by the director, if he finds that the applicant or salesperson has:
     (1) filed, or caused to be filed, with the director any document which contains any untrue or misleading information;
     (2) made any untrue or misleading statement of material fact, or failed to state a material fact which is necessary in order to make the statements made not misleading in light of the circumstances under which they are made;
     (3) employed any device, scheme, or artifice to defraud, or engaged in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person;
     (4) subsequent to the effective date of registration as a salesperson, has been:
     (a) convicted of a felony, or any misdemeanor involving theft, fraud, or dishonesty; or
     (b) enjoined from, assessed a civil penalty for, or found to have engaged in any violation of any law designed to protect consumers;
     (5) violated any provision of this chapter; or
     (6) engaged in any activity which constitutes dishonest dealing.

Enacted by Chapter 73, 1987 General Session