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Securities Division - Real Estate Division | |
Utah Uniform Securities Act | |
Section 1 | Fraud unlawful. |
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61-1-1. Fraud unlawful. 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.
Amended by Chapter 284, 1983 General Session |
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