7-23-501. Enforcement by department — Rulemaking. (1) Subject to the requirements of Title 63G, Chapter 4, Administrative Procedures Act, the department may: (a) receive and act on complaints; (b) take action designed to obtain voluntary compliance with this chapter; (c) commence administrative or judicial proceedings on its own initiative to enforce compliance with this chapter; […]
Effective 5/9/2017 7-23-502. Examination of books, accounts, and records by the department. (1) At least annually the department shall, for each person registered under this chapter and engaging in the business of cashing checks or the business of deferred deposit lending: (a) examine the books, accounts, and records; and (b) make investigations to determine compliance […]
Effective 5/12/2020 7-23-503. Reporting by commissioner. (1) Subject to Subsection (2), as part of the commissioner’s annual report to the governor and Legislature under Section 7-1-211, the commissioner shall report to the governor and Legislature on the operations on an aggregate basis of deferred deposit lenders operating in the state. (2) In preparing the report […]
7-23-504. Penalties. (1) A person who violates this chapter or who files materially false information with a registration or renewal under Section 7-23-201 is: (a) guilty of a class B misdemeanor, except for a violation of: (i) Subsection 7-23-401(1)(f)(i), (ii), or (iii); or (ii) rules made under Subsection 7-23-501(2)(b); and (b) subject to revocation of […]
