(1) A person may not operate a transportation network company without registering with the division under Subsection (2).

(2) The division shall register a person to operate a transportation network company if: (a) the person: (i) demonstrates to the division that the person meets the definition of a transportation network company under Section 13-51-102; and (ii) pays a registration fee in an amount determined by the division in accordance with Section 63J-1-504; and (b) the division determines that the person complies with the operating requirements for a transportation network company described in this chapter.

(a) the person: (i) demonstrates to the division that the person meets the definition of a transportation network company under Section 13-51-102; and (ii) pays a registration fee in an amount determined by the division in accordance with Section 63J-1-504; and

(i) demonstrates to the division that the person meets the definition of a transportation network company under Section 13-51-102; and

(ii) pays a registration fee in an amount determined by the division in accordance with Section 63J-1-504; and

(b) the division determines that the person complies with the operating requirements for a transportation network company described in this chapter.

(3) A transportation network company's registration under Subsection (2) is: (a) valid until one year after the day on which the transportation network company registers with the division; and (b) renewable if the transportation network company meets the requirements of Subsection (2).

(a) valid until one year after the day on which the transportation network company registers with the division; and

(b) renewable if the transportation network company meets the requirements of Subsection (2).

(4) The division may audit the records of a transportation network company, including a random sample of the transportation network company's records related to transportation network drivers: (a) no more than twice per year; (b) at a location agreed to by the division and the transportation network company; and (c) notwithstanding Subsection (4)(a), at any time to investigate a complaint.

(a) no more than twice per year;

(b) at a location agreed to by the division and the transportation network company; and

(c) notwithstanding Subsection (4)(a), at any time to investigate a complaint.

(5) The division may fine a transportation network company up to $500 for each violation of this chapter.