Utah criminal charge
Illegal concurrence by a director in a dividend or division of capital in Utah
Illegal concurrence by a director in a dividend or division of capital is a Class B Misdemeanor under Utah criminal law, defined by Utah Code Ann. § 76-16-208. As a Class B Misdemeanor, it is punishable within the statutory sentencing range Utah sets for that offense class. Utah sorts criminal offenses into felonies, misdemeanors, and petty offenses, each carrying its own penalty range.
Defined by Utah Code Ann. § 76-16-208.
What is the penalty for illegal concurrence by a director in a dividend or division of capital in Utah?
| Penalty | Range | Basis | Authority |
|---|---|---|---|
| Jail / prison | up to 6 months (no statutory minimum) | discretionary | Utah Code Ann. § 76-3-204 |
| Fine | up to $1,000 (greater amounts may be specifically authorized by statute (Utah Code Ann. § 76-3-301)) | discretionary | Utah Code Ann. § 76-3-204 |
Applies to current (2026 General Session).
Common questions about illegal concurrence by a director in a dividend or division of capital in Utah
Is illegal concurrence by a director in a dividend or division of capital a felony or a misdemeanor in Utah?
What are the penalties for illegal concurrence by a director in a dividend or division of capital in Utah?
As a Class B Misdemeanor, illegal concurrence by a director in a dividend or division of capital carries up to 6 months (indeterminate term with no statutory minimum; actual release is set by the Board of Pardons and Parole) of incarceration and a fine of up to $1,000 (statutory maximum under Utah Code Ann. § 76-3-301) under Utah Code Ann. § 76-3-204 (current (2026 General Session)).
Which Utah statute covers illegal concurrence by a director in a dividend or division of capital?
Illegal concurrence by a director in a dividend or division of capital is governed by Utah Code Ann. § 76-16-208 (Illegal concurrence by a director in a dividend or division of capital).
Legal terms used in this law
This reference is informational and is not legal advice. Penalty ranges are the statutory classification ranges; sentencing in a specific case depends on its facts and history.