Administrator's contract with another to conduct examination.

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




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