67-4a-1009. Administrator's contract with another to conduct examination.
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Effective 5/9/2017
67-4a-1009. Administrator's contract with another to conduct examination.
(1)The administrator may contract with a person to conduct an examination under this chapter.
(2)If the administrator contracts with a person under Subsection
(1):
(a)the contract may provide for compensation of the person based on a fixed fee, hourly fee, or contingent fee; and
(b)a contingent fee arrangement may not provide for a payment that exceeds 15% of the amount or value of property paid or delivered as a result of the examination.
(3)A contract under Subsection
(1)is a public record under Section 63G-2-301 .
Enacted by Chapter 371 , 2017 General Session