Utah Statutes

§ 61-1-1 — Fraud unlawful.

Utah·Title 61 Securities Division - Real Estate Division·Ch. 61-1 Utah Uniform Securities Act

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.

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Legislative History

Amended by Chapter 284, 1983 General Session

Nearby Sections

15
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