10-3-1312. Violation of disclosure requirements -- Penalties -- Rescission of prohibited transaction.
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/ut/title-10/chapter-3/10-3-1312A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/1/2024
10-3-1312. Violation of disclosure requirements -- Penalties -- Rescission of prohibited transaction.
If a transaction is entered into in connection with a violation of Section 10-3-1305 , 10-3-1306 , 10-3-1307 , or 10-3-1308 , the municipality:
(1)shall dismiss or remove the officer or municipal employee who knowingly and intentionally violates this part from employment or office; and
(2)may rescind or void a contract or subcontract entered into pursuant to that transaction without returning any part of the consideration received by the municipality.
Amended by Chapter 443 , 2024 General Session