2018 Utah Code
Title 57 - Real Estate
Chapter 19 - Timeshare and Camp Resort Act
Section 16 - Denial, revocation, or suspension of registration of salesperson -- Fine.

Universal Citation: UT Code § 57-19-16 (2018)
Effective 5/10/2016
57-19-16. Denial, revocation, or suspension of registration of salesperson -- Fine.
  • (1) Subject to Section 57-19-17, if the division finds that an applicant or salesperson has engaged in an act described in Subsection (2), the division may:
    • (a) deny an application for registration as a salesperson;
    • (b) suspend or revoke an existing registration; or
    • (c) impose a civil penalty not to exceed $5,000.
  • (2) Subsection (1) applies if the division finds that the applicant or salesperson:
    • (a) files, or causes to be filed, with the division a document that contains untrue or misleading information;
    • (b) makes an untrue or misleading statement of material fact;
    • (c) fails to state a material fact that is necessary in order to make the statements made not misleading in light of the circumstances under which the statements are made;
    • (d) employs a device, scheme, or artifice to defraud, or engages in an act, practice, or course of business that operates or would operate as a fraud or deceit upon a person;
    • (e) subsequent to the effective date of registration as a salesperson, is:
      • (i) convicted of:
        • (A) a felony; or
        • (B) a misdemeanor involving theft, fraud, or dishonesty; or
      • (ii) enjoined from, assessed a civil penalty for, or found to have engaged in a violation of any law designed to protect consumers;
    • (f) violates this chapter;
    • (g) engages in an activity that constitutes dishonest dealing; or
    • (h) engages in unprofessional conduct as defined by statute or rule made by the director.


Amended by Chapter 255, 2016 General Session
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