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H.B. 56

             1     

UTAH UNIFORM SECURITIES ACT

             2     
AMENDMENTS

             3     
2001 GENERAL SESSION

             4     
STATE OF UTAH

             5     
Sponsor: Patrice M. Arent

             6      This act modifies provisions related to the Division of Securities. This act grants authority
             7      to the division director to designate investigators as peace officers. The act clarifies that the
             8      division is a criminal justice agency for the purpose of accessing criminal history record or
             9      warrant of arrest information.
             10      This act affects sections of Utah Code Annotated 1953 as follows:
             11      AMENDS:
             12          61-1-18, as last amended by Chapter 161, Laws of Utah 1991
             13          61-1-19, as last amended by Chapter 133, Laws of Utah 1990
             14      Be it enacted by the Legislature of the state of Utah:
             15          Section 1. Section 61-1-18 is amended to read:
             16           61-1-18. Division of Securities established -- Director -- Appointment -- Functions.
             17          (1) (a) There is established within the Department of Commerce a Division of Securities.
             18          (b) The division shall be under the direction and control of a director, appointed by the
             19      executive director with the governor's approval.
             20          (c) The director shall be responsible for the administration and enforcement of this chapter.
             21          (d) The director shall hold office at the pleasure of the governor.
             22          (2) The director, with the approval of the executive director, may employ such staff as
             23      necessary to discharge the duties of the division at salaries to be fixed by the director according
             24      to standards established by the Department of Human Resource Management.
             25          (3) An investigator employed pursuant to Subsection (2) may be designated a law
             26      enforcement officer, as defined in Section 53-13-103 , by the director, but is not eligible for
             27      retirement benefits under the Public Safety Employee's Retirement System.


             28          Section 2. Section 61-1-19 is amended to read:
             29           61-1-19. Investigations authorized.
             30          (1) (a) The division in its discretion may make any public or private investigations within
             31      or without this state as it considers necessary to determine whether any person has violated, is
             32      violating, or is about to violate any provision of this chapter or any rule or order hereunder.
             33          (b) To aid in the enforcement of this chapter or in the prescribing of rules and forms
             34      hereunder, the division may require or permit any person to file a statement in writing, under oath
             35      or otherwise as to all the facts and circumstances concerning the matter to be investigated.
             36          (c) The division may publish information concerning any violation of this chapter or the
             37      violation of any rule or order hereunder.
             38          (2) For the purpose of any investigation or proceeding under this chapter, the division or
             39      any employee designated by it may:
             40          (a) administer oaths and affirmations;
             41          (b) subpoena witnesses and compel their attendance;
             42          (c) take evidence; and
             43          (d) require the production of any books, papers, correspondence, memoranda, agreements,
             44      or other documents or records relevant or material to the investigation.
             45          (3) For the purpose of accessing criminal history record or warrant of arrest information
             46      under Section 53-10-108 , the division shall be considered a criminal justice agency.




Legislative Review Note
    as of 12-18-00 8:20 AM


A limited legal review of this legislation raises no obvious constitutional or statutory concerns.

Office of Legislative Research and General Counsel


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