Utah Statutes § 20A-11-703 Criminal penalties - Fines
Statute Text
(1)
Within 60 days after a deadline for the filing of any statement required by this part, the lieutenant governor shall review each filed statement to ensure that:
(a)
each corporation that is required to file a statement has filed one; and
(b)
each statement contains the information required by this part.
(2)
If it appears that any corporation has failed to file any statement, if it appears that a filed statement does not conform to the law, or if the lieutenant governor has received a written complaint alleging a violation of the law or the falsity of any statement, the lieutenant governor shall:
(a)
impose a fine against the corporation in accordance with Section
20A-11-1005
; and
(b)
within five days of discovery of a violation or receipt of a written complaint, notify the corporation of the violation or written complaint and direct the corporation to file a statement correcting the problem.
(3)
(a)
It is unlawful for any corporation to fail to file or amend a statement within seven days after receiving notice from the lieutenant governor under this section.
(b)
Each corporation that violates Subsection (3)(a) is guilty of a class B misdemeanor.
(c)
The lieutenant governor shall report all violations of Subsection (3)(a) to the attorney general.
(d)
In addition to the criminal penalty described in Subsection (3)(b), the lieutenant governor shall impose a civil fine of $1,000 against a corporation that violates Subsection (3)(a).
History
Amended by Chapter 22 , 2020 General Session , § 23 , eff. 5/12/2020 .
Amended by Chapter 420 , 2013 General Session , § 13 , eff. 5/14/2013 .
Amended by Chapter 389 , 2010 General Session
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