- (1) the division finds that the denial, suspension, or revocation is in the public interest; and
(2)
- (a) the registration is incomplete, false, or misleading; or
(b) the applicant or the applicant's principal:
(i) violates, causes a violation, allows a violation, or fails to satisfy the requirements of a provision of:
- (A) this chapter; or
- (B) a rule the division makes in accordance with this chapter;
- (ii) violates Chapter 11, Utah Consumer Sales Practices Act;
(iii) is enjoined by a court, or is the subject of an administrative or judicial order issued in Utah or another state, if the order:
- (A) includes a finding or admission of fraud, breach of fiduciary duty, or material misrepresentation; or
- (B) is based on a finding of a lack of integrity, truthfulness, or mental competence;
- (iv) is convicted of a crime involving theft, fraud, or dishonesty;
- (v) obtains or attempts to obtain a registration by misrepresenting a material fact;
- (vi) fails to provide information the division requests;
- (vii) fails to pay an administrative fine the division or an administrative or judicial order imposes; or
- (viii) fails to pay the fee to file a registration application or a renewal application.
Enacted by Chapter 95, 2026 General Session