Utah Statutes
§ 61-2c-210 — Surrender of license.
Utah·Title 61 Securities Division - Real Estate Division·Ch. 61-2c Utah Residential Mortgage Practices and Licensing Act·Part 61-2c-2 Licensure
(1)The division may, by written agreement, accept the voluntary surrender of a license issued under this chapter.
(2)Tender and acceptance of a voluntary surrender of a license under Subsection (1):
(2)(a) does not prevent the division from pursuing additional action, including disciplinary action, that relates to the surrendered license and is authorized by this chapter or by rules made under this chapter; and
(2)(b) terminates all rights and privileges associated with the license.
(3)A person may restore the rights and privileges described in Subsection (2)(b) only if the person reapplies for, and is granted, licensure in accordance with the requirements described in this chapter.
(4)Any documentation relating to the tender and acceptance of a voluntary surrender is a public record.
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Legislative History
Enacted by Chapter 350, 2014 General Session
Nearby Sections
15
§ 61-1-1
Fraud unlawful.§ 61-1-10
Registration by qualification.§ 61-1-101
Title.§ 61-1-102
Definitions.§ 61-1-103
Procedure for disclosure.§ 61-1-105
Remedies for employee bringing action.§ 61-1-106
Award for reporter.§ 61-1-13
Definitions.§ 61-1-14
Exemptions.