13-15-303. Denial, suspension, or revocation of proof of disclosure receipt or proof of notice receipt.
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Effective 5/6/2026
13-15-303. Denial, suspension, or revocation of proof of disclosure receipt or proof of notice receipt.
In accordance with Chapter 2, Division of Consumer Protection, and Title 63G, Chapter 4, Administrative Procedures Act, the division may initiate adjudicative proceedings to deny, suspend, or revoke, a proof of disclosure receipt or proof of notice receipt if:
(1)the division finds that the denial, suspension, or revocation is in the public interest; and
(a)the filing is incomplete, false, or misleading; or
(b)the seller or seller's principal:
(i)violates, causes a violation, or allows a violation or fails to satisfy the requirements of a provision of:
(A)this chapter; or
(B)a rule the division makes in accordance with this chapter;
(ii)violates Chapter 11, Utah Consumer Sales Practices Act;
(iii)is enjoined by a court, or is the subject of an administrative or judicial order issued in Utah or another state, if the order:
(A)includes a finding or admission of fraud, breach of fiduciary duty, or material misrepresentation; or
(B)is based on a finding of a lack of integrity, truthfulness, or mental competence;
(iv)is convicted of a crime involving theft, fraud, or dishonesty;
(v)obtains or attempts to obtain a proof of disclosure receipt or proof of notice receipt by misrepresenting a material fact;
(vi)fails to provide information the division requests;
(vii)fails to pay an administrative fine imposed by the division or an administrative or judicial order; or
(viii)fails to pay the fee to file a registration application or a renewal application.
Enacted by Chapter 95 , 2026 General Session