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Terms Used In Utah Code 61-1-16

  • Division: means the Division of Securities established by Section 61-1-18. See Utah Code 61-1-13
  • Person: means :
              (1)(x)(i) an individual;
              (1)(x)(ii) a corporation;
              (1)(x)(iii) a partnership;
              (1)(x)(iv) a limited liability company;
              (1)(x)(v) an association;
              (1)(x)(vi) a joint-stock company;
              (1)(x)(vii) a joint venture;
              (1)(x)(viii) a trust where the interests of the beneficiaries are evidenced by a security;
              (1)(x)(ix) an unincorporated organization;
              (1)(x)(x) a government; or
              (1)(x)(xi) a political subdivision of a government. See Utah Code 61-1-13

     It is unlawful for a person to make or cause to be made, in any document filed with the division or in any proceeding, examination, or investigation conducted under this chapter, any statement that is, at the time and in the light of the circumstances under which it is made, false or misleading in any material respect.