31A-36-118. Criminal penalties and restitution.
147 words·~1 min read·
/ut/title-31a/chapter-36/31a-36-118A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/3/2023
31A-36-118. Criminal penalties and restitution.
(1)A person subject to this chapter is subject to:
(a)Section 31A-2-308 for an administrative violation of this title;
(b)prosecution under Title 76, Chapter 6, Part 4, Theft , for criminal activity involving a life settlement; or
(c)prosecution under Section 31A-31-103 for insurance fraud involving a life settlement.
(2)A person found to be in violation of this chapter may:
(a)be ordered to pay restitution to persons aggrieved by the violation;
(b)be ordered to pay a forfeiture;
(c)be imprisoned if found guilty of a criminal law by a court of competent jurisdiction; and
(d)be subject to a combination of the penalties described in this Subsection
(2).
(3)Except for a fraudulent act committed by an owner, this section does not apply to the owner.
Amended by Chapter 111 , 2023 General Session