Utah Statutes

§ 76-17-301 — Definitions.

Utah·Title 76 Utah Criminal Code·Ch. 76-17 Offenses Concerning Kickbacks, Pyramid Schemes, and Patterns of Unlawful Activity·Part 76-17-3 Offenses Concerning Pyramid Schemes

As used in this part:

(1)(1)(a) "Compensation" means money, money bonuses, overrides, prizes, or other real or personal property, tangible or intangible.
(1)(b) "Compensation" does not include payment based on the sale of goods or services to anyone purchasing the goods or services for actual personal use or consumption.
(2)"Consideration" does not include:
(2)(a) payment for sales demonstration equipment or materials furnished at cost for use in making sales and not for resale; or
(2)(b) time or effort spent in selling or recruiting activities.
(3)"Person" includes a business trust, estate, trust, joint venture, or any other legal or commercial entity.
(4)"Pyramid scheme" means a sales device or plan under which a person gives consideration to another person in exchange for compensati

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Legislative History

Renumbered and Amended by Chapter 173, 2025 General Session

Nearby Sections

15
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