Utah § 31A-36-118 Criminal penalties and restitution.

Utah Statutes

§ 31A-36-118 — Criminal penalties and restitution.

Utah § 31A-36-118

Title 31AInsurance Code

Ch. 31A-36Life Settlements Act

This text of Utah § 31A-36-118 (Criminal penalties and restitution.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 31A-36-118 (2026).

Text

(1)A person subject to this chapter is subject to:

(1)(a) Section 31A-2-308 for an administrative violation of this title;

(1)(b) prosecution under Title 76, Chapter 6, Part 4, Theft, for criminal activity involving a life settlement; or

(1)(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:

(2)(a) be ordered to pay restitution to persons aggrieved by the violation;

(2)(b) be ordered to pay a forfeiture;

(2)(c) be imprisoned if found guilty of a criminal law by a court of competent jurisdiction; and

(2)(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.

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(1) A person subject to this chapter is subject to:

(1)(a) Section 31A-2-308 for an administrative violation of this title;
(1)(b) prosecution under Title 76, Chapter 6, Part 4, Theft, for criminal activity involving a life settlement; or
(1)(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:

(2)(a) be ordered to pay restitution to persons aggrieved by the violation;
(2)(b) be ordered to pay a forfeiture;
(2)(c) be imprisoned if found guilty of a criminal law by a court of competent jurisdiction; and
(2)(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.