13-41-201 - Excessive price prohibited.
13-41-201. Excessive price prohibited.
(1) Except as provided in Subsection (2), if a state of emergency exists, a person may notcharge a consumer an excessive price for goods or services sold or provided at retail:
(a) (i) during the time period for which a state of emergency declared by the governorexists; or
(ii) for 30 days after the day on which the state of emergency begins, if declared by thePresident of the United States; and
(b) within the emergency territory.
(2) A person may charge an excessive price if:
(a) that person's cost of obtaining the good or providing the service exceeds the averagecost to the person of obtaining the good or providing the service in the 30-day periodimmediately preceding the day on which the state of emergency is declared; and
(b) the price charged for the good or service does not exceed the sum of:
(i) 10% above the total cost to that person of obtaining the good or providing the service;and
(ii) the person's customary markup.
(3) Upon request of the division, a person allegedly charging an excessive price underSubsection (2) shall provide documentation to the division that the person is in compliance withthis chapter.
(4) If a good or service has not been sold by a person during the 30-day periodimmediately preceding the day on which the state of emergency is declared, a price is notexcessive if it does not exceed 30% above the person's total cost of obtaining the good orproviding the service.
Enacted by Chapter 306, 2005 General Session