58-63-306.  Replacement of qualifying agent.
     If the qualifying agent of an armored car company or a contract security company ceases to perform the agent’s duties on a regular basis, the licensee shall:

(1)  notify the division in writing within 15 days; and

Terms Used In Utah Code 58-63-306

  • Armored car company: means a person engaged in business under contract to others who transports or offers to transport tangible personal property, currency, valuables, jewelry, SNAP benefits as defined in Section 35A-1-102, or any other high value items, that require secured delivery from one place to another under the control of an armored car security officer employed by the company using a specially equipped motor vehicle offering a high degree of security. See Utah Code 58-63-102
  • Contract: A legal written agreement that becomes binding when signed.
  • Regular basis: means at least 20 hours per month. See Utah Code 58-63-102
  • Writing: includes :Utah Code 68-3-12.5
(2)  replace the qualifying agent within 60 days after the time required for notification to the division.

Amended by Chapter 339, 2020 General Session

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