Utah § 7-23-504 Penalties.

Utah Statutes

§ 7-23-504 — Penalties.

Utah·Title 7 Financial Institutions Act·Ch. 7-23 Check Cashing and Deferred Deposit Lending Registration Act·Part 7-23-5 Enforcement

(1)A person who violates this chapter or who files materially false information with a registration or renewal under Section 7-23-201 is:

(1)(a) guilty of a class B misdemeanor, except for a violation of:

(1)(a)(i) Subsection 7-23-401(1)(f)(i), (ii), or (iii); or

(1)(a)(ii) rules made under Subsection 7-23-501(2)(b); and

(1)(b) subject to revocation of a person's registration under this chapter.

(2)Subject to Title 63G, Chapter 4, Administrative Procedures Act, if the department determines that a person is engaging in the business of cashing checks or the business of deferred deposit lending in violation of this chapter, the department may:

(2)(a) revoke that person's registration under this chapter;

(2)(b) issue a cease and desist order from committing any further violations;

(2)(c) p

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(1) A person who violates this chapter or who files materially false information with a registration or renewal under Section 7-23-201 is:

(1)(a) guilty of a class B misdemeanor, except for a violation of:
(1)(a)(i) Subsection 7-23-401(1)(f)(i), (ii), or (iii); or
(1)(a)(ii) rules made under Subsection 7-23-501(2)(b); and
(1)(b) subject to revocation of a person's registration under this chapter.
(2) Subject to Title 63G, Chapter 4, Administrative Procedures Act, if the department determines that a person is engaging in the business of cashing checks or the business of deferred deposit lending in violation of this chapter, the department may:

(2)(a) revoke that person's registration under this chapter;
(2)(b) issue a cease and desist order from committing any further violations;
(2)(c) prohibit the person from continuing to engage in the business of:
(2)(c)(i) cashing checks; or
(2)(c)(ii) deferred deposit lending;
(2)(d) impose an administrative fine not to exceed $1,000 per violation, except that:
(2)(d)(i) a fine imposed under Subsection 7-23-201(4) shall comply with Subsection 7-23-201(4); and
(2)(d)(ii) the aggregate total of fines imposed under this chapter against a person in a calendar year may not exceed $30,000 for that calendar year; or
(2)(e) take any combination of actions listed under this Subsection (2).

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