13-5a-103. Private action for unfair competition.
- (1)
- (a) Except as provided in Subsection (2), a person injured by unfair competition may bring a private cause of action against a person who engages in unfair competition.
- (b) In an action under this Subsection (1), a person injured by unfair competition may recover:
- (i) actual damages;
- (ii) costs and attorney fees; and
- (iii) if the court determines that the circumstances are appropriate, punitive damages.
- (2) A person may not bring an action described in Subsection (1) against:
- (a) a depository institution; or
- (b) an entity that:
- (i) controls a depository institution;
- (ii) is controlled by an entity that controls a depository institution; or
- (iii) is controlled by a depository institution.
Enacted by Chapter 372, 2004 General Session