Utah § 61-2f-406 Grounds for revocation of principal broker's license.

Utah Statutes

§ 61-2f-406 — Grounds for revocation of principal broker's license.

Utah § 61-2f-406

Title 61Securities Division - Real Estate Division

Ch. 61-2fReal Estate Licensing and Practices Act

Part 61-2f-4Enforcement

This text of Utah § 61-2f-406 (Grounds for revocation of principal broker's license.) 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. § 61-2f-406 (2026).

Text

(1)An unlawful act or violation of this chapter committed by a person listed in Subsection (2) is cause for:

(1)(a) the revocation, suspension, or probation of a principal broker's license; or

(1)(b) the imposition of a fine against the principal broker in an amount not to exceed $5,000 per violation.

(2)Subsection (1) applies to an act or violation by any of the following:

(2)(a) a sales agent or associate broker employed by a principal broker;

(2)(b) a sales agent or associate broker engaged as an independent contractor by or on behalf of a principal broker; or

(2)(c) an employee, officer, or member of a principal broker.

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(1) An unlawful act or violation of this chapter committed by a person listed in Subsection (2) is cause for:

(1)(a) the revocation, suspension, or probation of a principal broker's license; or
(1)(b) the imposition of a fine against the principal broker in an amount not to exceed $5,000 per violation.
(2) Subsection (1) applies to an act or violation by any of the following:

(2)(a) a sales agent or associate broker employed by a principal broker;
(2)(b) a sales agent or associate broker engaged as an independent contractor by or on behalf of a principal broker; or
(2)(c) an employee, officer, or member of a principal broker.