House of Representatives State of Utah


         UTAH STATE CAPITOL COMPLEX . 350 STATE CAPITOL
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         P.O. BOX 145030 . SALT LAKE CITY, UTAH 84114-5030 . (801) 538-1029         February 2, 2012

Madam Speaker:

    The Business and Labor Committee reports a favorable recommendation on S.B. 91, UTAH UNIFORM SECURITIES ACT AMENDMENTS AND CIVIL ACTIONS, by Senator B. McAdams, with the following amendments:

1.    Page 2, Lines 54 through 56
    Senate 2nd Reading Amendments
    1-31-2012 :    

             54          (2) The court in a suit brought under Subsection (1) may award an amount

  up to or       equal to

             55      three times the consideration paid for the security, together with interest, costs, and attorney
             56      fees, less any amounts, all as specified in Subsection (1) upon a showing that:

    Respectfully,

    James A. Dunnigan
    Committee Chair
Voting: 13-1-0
3 SB0091.HC1.wpd 2/3/12 10:04 am /BRH PO/BRH

Bill Number
Action Class
Action Code

*SB0091*
*H*
*HCRAMD*

 SB0091
H
HCRAMD