In accordance with Chapter 2, Division of Consumer Protection, and Title 63G, Chapter 4, Administrative Procedures Act, the division may initiate adjudicative proceedings to deny, suspend, or revoke an application or registration if: (1) the division finds that the denial, suspension, or revocation is in the public interest; and (2) (a) the application or registration is incomplete or misleading in a material respect; (b) the applicant or the applicant's principal: (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: (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 subject to an administrative or judicial order, if the administrative or judicial order: (A) includes a finding or admission of the applicant's fraud, breach of fiduciary duty, or material misrepresentation; or (B) is based on a finding of the applicant's lack of integrity, truthfulness, or mental competence; (iv) is convicted of a crime involving fraud, dishonesty, a false statement, forgery, or theft; (v) obtains or attempts to obtain a registration by misrepresentation; (vi) fails to provide information the division requests; (vii) fails to pay an administrative fine that the division or an administrative order imposes; or (viii) fails to pay the fee to file a registration application or a renewal application. Renumbered and Amended by Chapter 95, 2026 General Session
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