GroundRules
← Search the law
Utah · Through 2026 General Session

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

Read at publisher ↗
Where this section sits in the code
  1. Title 61 Securities Division - Real Estate Division
  2. Chapter 61-1 Utah Uniform Securities Act

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)

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

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

(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.

Collected 2026-09-03T11:34:33Z. Source file · JSON

Browse this collection