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2025 Utah Code
Title 61 - Securities Division - Real Estate Division
Chapter 1 - Utah Uniform Securities Act
Section 1 - Fraud unlawful.
Universal Citation:
UT Code § 61-1-1 (2025)
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61-1-1. Fraud unlawful.
It is unlawful for any person, in connection with the offer, sale, or purchase of any security, directly or indirectly to:
Amended by Chapter 284, 1983 General Session
It is unlawful for any person, in connection with the offer, sale, or purchase of any security, directly or indirectly to:
- (1) employ any device, scheme, or artifice to defraud;
- (2) make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading; or
- (3) engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person.
Amended by Chapter 284, 1983 General Session
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