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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) A person subject to this chapter is subject to:
(a)Section 31A-2-308 for an administrative violation of this title;
(b) prosecution under Title 76, Chapter 6, Part 4, Theft, for criminal activity involving a life settlement; or
(c) prosecution under Section 31A-31-103 for insurance fraud involving a life settlement.
(2) A person found to be in violation of this chapter may:
(a) be ordered to pay restitution to persons aggrieved by the violation;
(b) be ordered to pay a forfeiture;
(c) be imprisoned if found guilty of a criminal law by a court of competent jurisdiction; and
(d) be subject to a combination of the penalties described in this Subsection (2).
(3) Except for a fraudulent act committed by an owner, this section does not apply to the owner.
Cite this article: FindLaw.com - Utah Code Title 31A. Insurance Code § 31A-36-118. Criminal penalties and restitution - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-31a-insurance-code/ut-code-sect-31a-36-118/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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