Utah § 63L-13-204 Purchase of interest of land or lease of an interest in land on behalf of restricted foreign entity prohibited -- Disclosure required.

Utah Statutes

§ 63L-13-204 — Purchase of interest of land or lease of an interest in land on behalf of restricted foreign entity prohibited -- Disclosure required.

Utah·Title 63L Lands·Ch. 63L-13 Restrictions on Foreign Acquisitions of Land Act·Part 63L-13-2 Interests in Land

(1)A person may not purchase an interest in land or lease an interest in land on behalf of a restricted foreign entity.

(2)A person violates Subsection (1) if the person knowingly purchases an interest in land or leases an interest in land:

(2)(a) using funds provided by a restricted foreign entity; or

(2)(b) under the direction of a restricted foreign entity.

(3)An individual purchasing an interest in land shall disclose if the individual served in the military of a restricted foreign entity.

(4)An individual violates Subsection (3) if the individual fails to disclose to the county recorder of the county in which the interest in land is located, on a form described in Subsection 63L-13-201(5), that the individual served in the military of a restricted foreign entity.

(5)A person that

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(1) A person may not purchase an interest in land or lease an interest in land on behalf of a restricted foreign entity.
(2) A person violates Subsection (1) if the person knowingly purchases an interest in land or leases an interest in land:
(2)(a) using funds provided by a restricted foreign entity; or
(2)(b) under the direction of a restricted foreign entity.
(3) An individual purchasing an interest in land shall disclose if the individual served in the military of a restricted foreign entity.
(4) An individual violates Subsection (3) if the individual fails to disclose to the county recorder of the county in which the interest in land is located, on a form described in Subsection 63L-13-201(5), that the individual served in the military of a restricted foreign entity.
(5) A person that violates Subsection (1) is guilty of a third degree felony.
(6) An individual who violates Subsection (3) is guilty of a third degree felony.

Utah § 63L-13-204 (Purchase of interest of land or lease of an interest in land on behalf of restricted foreign entity prohibited -- Disclosure required.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.