Section 1009 - Administrator's contract with another to conduct examination.

UT Code § 67-4a-1009 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(1) The administrator may contract with a person to conduct an examination under this chapter.

(2) If the administrator contracts with a person under Subsection (1): (a) the contract may provide for compensation of the person based on a fixed fee, hourly fee, or contingent fee; and (b) a contingent fee arrangement may not provide for a payment that exceeds 15% of the amount or value of property paid or delivered as a result of the examination.

(a) the contract may provide for compensation of the person based on a fixed fee, hourly fee, or contingent fee; and

(b) a contingent fee arrangement may not provide for a payment that exceeds 15% of the amount or value of property paid or delivered as a result of the examination.

(3) A contract under Subsection (1) is a public record under Section 63G-2-301.