Utah Statutes

§ 59-1-1502 — Specie legal tender is legal tender in the state -- Person may not compel another person to tender or accept specie legal tender -- Court or congressional action to authorize gold or silver coin or bullion as legal tender.

Utah § 59-1-1502
JurisdictionUtah
Title 59Revenue and Taxation
Ch. 59-1General Taxation Policies
Part 59-1-15Specie Legal Tender Act

This text of Utah § 59-1-1502 (Specie legal tender is legal tender in the state -- Person may not compel another person to tender or accept specie legal tender -- Court or congressional action to authorize gold or silver coin or bullion as legal tender.) 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. § 59-1-1502 (2026).

Text

(1)Specie legal tender is legal tender in the state.
(2)Except as expressly provided by contract, a person may not compel any other person to tender or accept specie legal tender.
(3)Gold or silver coin or bullion, other than gold or silver coin that is issued by the United States, is considered to be specie legal tender and is legal tender in the state if:
(3)(a) a court of competent jurisdiction issues a final, unappealable judgment or order determining that the state may recognize the gold or silver coin or bullion, other than gold or silver coin that is issued by the United States, as legal tender in the state; or
(3)(b) Congress enacts legislation that:
(3)(b)(i) expressly provides that the gold or silver coin or bullion, other than gold or silver coin that is issued by the United

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Legislative History

Amended by Chapter 129, 2024 General Session

Nearby Sections

15
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Bluebook (online)
Utah § 59-1-1502, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/59-1-1502.