Utah § 51-7-22.4 - Penalties for violation by certified investment advisers.

Full text of Utah Utah Code § 51-7-22.4 — Penalties for violation by certified investment advisers., with citation guidance and answers to common questions.

§ 51-7-22.4. Penalties for violation by certified investment advisers.

51-7-22.4.  Penalties for violation by certified investment advisers.
(1) An intentional violation by a certified investment adviser of Section 51-7-7, 51-7-11, or 51-7-11.5, or any rule or order under this chapter is punishable by a civil penalty of:
(a) $1,000 for each day of noncompliance for the investment adviser; and
(b) $5,000 for each day of noncompliance for the firm or institution where the certified investment adviser is employed.
(2) In addition to any other penalty for a criminal violation of this chapter, the sentencing judge may impose any penalty or remedy provided for in Subsection 51-7-22.5(1)(b).
(3) Funds collected under Subsection (1) shall be deposited in the General Fund.


Amended by Chapter 322, 2007 General Session

Source: official Utah text · Last verified 2026-08-27

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Frequently Asked Questions About Utah § 51-7-22.4

What does Utah Code § 51-7-22.4 cover?

Section 51-7-22.4 ("Penalties for violation by certified investment advisers.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Utah § 51-7-22.4?

A common citation format is "Utah Code § 51-7-22.4" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Utah law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.

How does Utah § 51-7-22.4 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.

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