§ 61-2c-507. Division subrogated -- Authority to revoke license.  


Latest version.
  • (1) If the division pays a person from the fund in accordance with this part:
    (a) the division is subrogated to the rights of that person for the amounts paid out of the fund; and
    (b) any amount and interest recovered by the division shall be deposited in the fund.
    (2)
    (a) Subject to Subsection (2)(b), the license of a licensee for whom payment from the fund is made under this part is automatically revoked as of the earlier of the day on which:
    (i) the division is ordered by a court to pay from the fund; or
    (ii) the division pays from the fund.
    (b)
    (i) A person whose license is revoked under Subsection (2)(a) may appeal the revocation in a de novo hearing conducted by the commission:
    (A) after the revocation; and
    (B) in accordance with Title 63G, Chapter 4, Administrative Procedures Act.
    (ii) The commission may delegate:
    (A) to the division or an administrative law judge the authority to conduct a hearing described in Subsection (2)(b)(i); or
    (B) to the division the authority to make a decision on whether relief from a revocation should be granted.
    (3) Unless the revocation is not upheld after a hearing described in Subsection (2)(b), a licensee whose license is revoked pursuant to Subsection (2) may not apply for a new license until the licensee pays into the fund:
    (a) the amount paid out of the fund on behalf of the licensee; and
    (b) interest at a rate determined by the division with the concurrence of the commission.
Amended by Chapter 289, 2011 General Session