1. (1) the division finds that the denial, suspension, or revocation is in the public interest; and

2. (2)

   1. (a) the application or registration is incomplete or misleading in a material respect;

   2. (b) the applicant or the applicant's principal:

      1. (i) violates this chapter, causes a violation of this chapter, allows a violation of this chapter, or fails to satisfy the requirements of a provision of:

         1. (A) this chapter; or
         2. (B) a rule the division makes in accordance with this chapter;
      2. (ii) violates Chapter 11, Utah Consumer Sales Practices Act;

      3. (iii) is enjoined by a court, or is subject to an administrative or judicial order, if the administrative or judicial order:

         1. (A) includes a finding or admission of the applicant's fraud, breach of fiduciary duty, or material misrepresentation; or
         2. (B) is based on a finding of the applicant's lack of integrity, truthfulness, or mental competence;
      4. (iv) is convicted of a crime involving fraud, dishonesty, a false statement, forgery, or theft;
      5. (v) obtains or attempts to obtain a registration by misrepresentation;
      6. (vi) fails to provide information the division requests;
      7. (vii) fails to pay an administrative fine that the division or an administrative order imposes; or
      8. (viii) fails to pay the fee to file a registration application or a renewal application.

Renumbered and Amended by Chapter 95, 2026 General Session