Utah § 61-1-31 Determining amount of fine.

Utah Statutes

§ 61-1-31 — Determining amount of fine.

Utah § 61-1-31

Title 61Securities Division - Real Estate Division

Ch. 61-1Utah Uniform Securities Act

This text of Utah § 61-1-31 (Determining amount of fine.) 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. § 61-1-31 (2026).

Text

For the purpose of determining the amount of a fine imposed under this chapter, the commission or court shall consider the following factors:

(1)the seriousness, nature, circumstances, extent, and persistence of the conduct constituting the violation;

(2)the harm to other persons resulting either directly or indirectly from the violation;

(3)(3)(a) the cooperation by the person in any inquiry conducted by the division concerning the violation;

(3)(b) efforts by the person to prevent future occurrences of the violation; and

(3)(c) efforts by the person to mitigate the harm caused by the violation, including any disgorgement or restitution made to other persons injured by the acts of the person;

(4)the history of previous violations by the person;

(5)the need to deter the person or othe

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For the purpose of determining the amount of a fine imposed under this chapter, the commission or court shall consider the following factors:
(1) the seriousness, nature, circumstances, extent, and persistence of the conduct constituting the violation;
(2) the harm to other persons resulting either directly or indirectly from the violation;
(3) (3)(a) the cooperation by the person in any inquiry conducted by the division concerning the violation;
(3)(b) efforts by the person to prevent future occurrences of the violation; and
(3)(c) efforts by the person to mitigate the harm caused by the violation, including any disgorgement or restitution made to other persons injured by the acts of the person;
(4) the history of previous violations by the person;
(5) the need to deter the person or other persons from committing the violation in the future;
(6) whether the person exercised undue influence;
(7) whether the person knew or should have known that the investor was a vulnerable adult;
(8) any direct or indirect compensation or economic benefit the person committing the violation received; and
(9) such other matters as justice may require.