Section 25 – Remedies nonexclusive.
57-19-25. Remedies nonexclusive. The remedies provided in this chapter are cumulative and nonexclusive, and do not affect any other remedy available at law. Enacted by Chapter 73, 1987 General Session
Section 26 – Exemptions.
Effective 5/10/2016 57-19-26. Exemptions. (1) Unless entered into for the purpose of evading the provisions of this chapter, the following transactions are exempt from registration: (a) an isolated transaction by an owner of an interest in a development or by a person holding the owner’s executed power of attorney; (b) an offer or sale by […]
Section 15 – Application for registration of salesperson.
Effective 5/10/2016 57-19-15. Application for registration of salesperson. (1) A person may apply for registration as a salesperson under this chapter by filing with the director an application in the form prescribed by the director, including: (a) a statement regarding whether the applicant has ever been: (i) convicted of: (A) a felony; or (B) a […]
Section 16 – Denial, revocation, or suspension of registration of salesperson — Fine.
Effective 5/10/2016 57-19-16. Denial, revocation, or suspension of registration of salesperson — Fine. (1) Subject to Section 57-19-17, if the division finds that an applicant or salesperson has engaged in an act described in Subsection (2), the division may: (a) deny an application for registration as a salesperson; (b) suspend or revoke an existing registration; […]
Section 17 – Administrative procedures.
57-19-17. Administrative procedures. (1) The director may summarily deny an application for registration under any of the provisions of Section 57-19-13 or 57-19-16. If a registration is denied, the applicant may, within 10 days after receipt of notice of the denial, request a hearing before an administrative law judge. The director shall schedule the hearing […]
Section 18 – Investigation — Publication.
57-19-18. Investigation — Publication. (1) The director may make any investigations or requests for information, within or outside of this state, that he considers necessary: (a) to determine whether any registration under this chapter should be granted, denied, or revoked; (b) to determine whether any person has violated or is about to violate any of […]
Section 19 – Subpoenas — Evidence.
57-19-19. Subpoenas — Evidence. (1) For the purposes of any investigation or proceeding under this chapter, the director, or any officer designated by him, may administer oaths and affirmations, subpoena witnesses, compel their attendance, take evidence, and require the production of any books, papers, correspondence, memoranda, agreements, or other documents or records which the director […]
Section 20 – Injunctive relief — Cease and desist order.
57-19-20. Injunctive relief — Cease and desist order. (1) Whenever it appears to the director that any person has engaged or is about to engage in any act or practice constituting a violation of any provision of this chapter, and that it would be in the public interest to stop those acts or practices, the […]
Section 21 – Voidable agreements.
Effective 5/10/2016 57-19-21. Voidable agreements. (1) Any agreement to purchase an interest in a development that violates Section 57-19-4 or 57-19-14 may, at the option of the purchaser, be voided and the purchaser’s entire consideration recovered together with interest at the legal rate, costs, and reasonable attorney fees. (2) No suit under this section may […]
Section 22 – Violation a misdemeanor.
57-19-22. Violation a misdemeanor. Any person who willfully violates any provision of this chapter is guilty of a class B misdemeanor. Amended by Chapter 241, 1991 General Session