Utah § 7-23-504 Penalties.

Utah Statutes

§ 7-23-504 — Penalties.

Utah § 7-23-504

Title 7Financial Institutions Act

Ch. 7-23Check Cashing and Deferred Deposit Lending Registration Act

Part 7-23-5Enforcement

This text of Utah § 7-23-504 (Penalties.) 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. § 7-23-504 (2026).

Text

(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).