Utah § 13-15-203 Disclosure statement furnished to purchaser -- Additional nondeceptive information permitted.

Utah Statutes

§ 13-15-203 — Disclosure statement furnished to purchaser -- Additional nondeceptive information permitted.

Utah § 13-15-203

Title 13Commerce and Trade

Ch. 13-15Business Opportunity Disclosure Act

Part 13-15-2Seller Duties

This text of Utah § 13-15-203 (Disclosure statement furnished to purchaser -- Additional nondeceptive information permitted.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 13-15-203 (2026).

Text

(1)A seller shall provide the disclosure statement described under Section 13-15-202 to a prospective purchaser at least 10 business days before the day on which the earlier of the following occurs:

(1)(a) the prospective purchaser executes an agreement imposing a binding legal obligation on the prospective purchaser in connection with the seller's sale or proposed sale of a business opportunity; or

(1)(b) the prospective purchaser makes a payment or provides consideration in connection with the seller's sale or proposed sale of a product or business opportunity.

(2)A seller may provide a prospective purchaser nondeceptive information apart from the disclosure statement described in Section 13-15-202, if the information does not contradict the information required in the disclosure stat

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(1) A seller shall provide the disclosure statement described under Section 13-15-202 to a prospective purchaser at least 10 business days before the day on which the earlier of the following occurs:

(1)(a) the prospective purchaser executes an agreement imposing a binding legal obligation on the prospective purchaser in connection with the seller's sale or proposed sale of a business opportunity; or
(1)(b) the prospective purchaser makes a payment or provides consideration in connection with the seller's sale or proposed sale of a product or business opportunity.
(2) A seller may provide a prospective purchaser nondeceptive information apart from the disclosure statement described in Section 13-15-202, if the information does not contradict the information required in the disclosure statement.