{"data":{"id":"us-ut/utah-code-7-25-405","jurisdiction":"us-ut","citation":"Utah Code § 7-25-405","heading":"Criminal and civil penalties.","body":"(1) A person who violates this chapter or who files materially false information with a license application or renewal under this chapter is:\n(a) guilty of a class B misdemeanor; and\n(b) subject to revocation of the person's license under this chapter.\n(2) Subject to Title 63G, Chapter 4, Administrative Procedures Act, if the commissioner determines that a person is engaging in the business of money transmission in violation of this chapter, the commissioner may:\n(a) suspend, revoke, or not renew that person's license under this chapter;\n(b) issue a cease and desist order from committing any further violation;\n(c) prohibit the person from continuing to engage in the business of money transmission;\n(d) impose an administrative fine not to exceed $1,000 per violation, except that 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\n(e) take any combination of actions listed under this Subsection (2).\n(3) If the commissioner revokes a license, the department is not required to refund any portion of the licensee's filing or renewal fee for the remainder of the period for which the fee is paid.","path":["Title 7 Financial Institutions Act","Chapter 7-25 Money Transmitter Act","Part 7-25-4 Enforcement"],"source_url":"https://le.utah.gov/xcode/Title7/Chapter25/7-25-S405.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"6785ec12bb0125dd557211c6f2ba29b7652e2d903e59db9a540714f89b844395","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-7-25-404","next":"us-ut/utah-code-7-25-406"},"notice":"GroundRules: Original legal text. Not legal advice."}