Current through 2024 First Special Session
Section 39B-1-117 - Agent's liability(a) An agent that violates this act is liable to the principal or the principal's successors in interest for the amount required to: (1) Restore the value of the principal's property to what it would have been had the violation not occurred;(2) Reimburse the principal or the principal's successors in interest for the attorney's fees and costs paid on the agent's behalf out of the principal's assets;(3) Reimburse the reasonable attorneys fees and costs incurred by the principal or the principal's successors in interest in pursuing rectification of the violation by the agent; and(4) Pay such other amounts, damages, costs or expenses as the court may award.Added by 2012 Acts, ch. 199 (HB 4390), eff. 6/8/2012.