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Utah Code Title 61. Securities Division--Real Estate Division § 61-2g-316. Surrender of license

Current as of May 05, 2022 | Updated by FindLaw Staff

(1) The division may, by written agreement, accept the voluntary surrender of a license issued under this chapter.

(2) Tender and acceptance of a voluntary surrender of a license under Subsection (1):

(a) does not prevent the division from pursuing additional action, including disciplinary action, that relates to the surrendered license and is authorized by this chapter or by rules made under this chapter;  and

(b) terminates all rights and privileges associated with the license.

(3) A person may restore the rights and privileges described in Subsection (2)(b) only if the person reapplies for, and is granted, licensure in accordance with the requirements described in this chapter.

(4) Any documentation relating to the tender and acceptance of a voluntary surrender is a public record.

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Cite this article: FindLaw.com - Utah Code Title 61. Securities Division--Real Estate Division § 61-2g-316. Surrender of license - last updated May 05, 2022 | https://codes.findlaw.com/ut/title-61-securities-division-real-estate-division/ut-code-sect-61-2g-316/

Read this complete Utah Code Title 61. Securities Division--Real Estate Division § 61-2g-316. Surrender of license on Westlaw

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