Utah Code 31A-6a-109. Enforcement provisions
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Terms Used In Utah Code 31A-6a-109
- Contract: A legal written agreement that becomes binding when signed.
- Person: includes :
(a) an individual; (b) a partnership; (c) a corporation; (d) an incorporated or unincorporated association; (e) a joint stock company; (f) a trust; (g) a limited liability company; (h) a reciprocal; (i) a syndicate; or (j) another similar entity or combination of entities acting in concert. See Utah Code 31A-1-301 - Sell: means to exchange a contract of insurance:
(a) by any means; (b) for money or its equivalent; and (c) on behalf of an insurance company. See Utah Code 31A-1-301 - State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
Anyone violating of any of the provisions of this chapter or any rule made pursuant to the grant of rulemaking authority under this title may be assessed an administrative forfeiture equal to two times the amount of any profit gained from the violation. In addition an administrative forfeiture may be assessed for each violation not to exceed $1,000 per violation. If the violations are continuing, or are of a serious nature, or a person‘s business practices in connection with the solicitation, sale, offering for sale, or performance under a service contract subject to this chapter, constitute a danger to the legitimate interests of consumers or the public, the commissioner may enjoin the person from soliciting, selling, or offering to sell service contracts in this state either permanently or for a stated period of time.Enacted by Chapter 203, 1992 General Session
- Sell: means to exchange a contract of insurance: