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Utah · Through 2026 General Session

Utah Code § 7-24-303: Penalties.

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Where this section sits in the code
  1. Title 7 Financial Institutions Act
  2. Chapter 7-24 Title Lending Registration Act
  3. Part 7-24-3 Enforcement

(1) A person who violates this chapter or who files materially false information with a registration or renewal under Section 7-24-201 is:

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

(i) Subsection 7-24-202(1)(e)(i), (ii), or (iii); or

(ii) rules made under Subsection 7-24-301(2)(b); and

(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 extending title loans in violation of this chapter, the department may:

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

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

(c) prohibit the person from continuing to extend title loans;

(d) impose an administrative fine not to exceed $1,000 per violation, except that:

(i) a fine imposed under Subsection 7-24-201(2)(e) shall comply with Subsection 7-24-201(2)(e); and

(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

(e) take any combination of actions listed under this Subsection (2).

(3) A person is not subject to the penalties under this section for a violation of this chapter that was not willful or intentional, including a violation resulting from a clerical error.

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

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