Utah Code 61-1-7. Registration before sale
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Terms Used In Utah Code 61-1-7
- Federal covered security: means a security that is a covered security under Section 18(b) of the Securities Act of 1933 or rules or regulations promulgated under Section 18(b) of the Securities Act of 1933. 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
- Security: means a:
(1)(ee)(i)(A) note;(1)(ee)(i)(B) stock;(1)(ee)(i)(C) treasury stock;(1)(ee)(i)(D) bond;(1)(ee)(i)(E) debenture;(1)(ee)(i)(F) evidence of indebtedness;(1)(ee)(i)(G) certificate of interest or participation in a profit-sharing agreement;(1)(ee)(i)(H) collateral-trust certificate;(1)(ee)(i)(I) preorganization certificate or subscription;(1)(ee)(i)(J) transferable share;(1)(ee)(i)(K) investment contract;(1)(ee)(i)(L) burial certificate or burial contract;(1)(ee)(i)(M) voting-trust certificate;(1)(ee)(i)(N) certificate of deposit for a security;(1)(ee)(i)(O) certificate of interest or participation in an oil, gas, or mining title or lease or in payments out of production under such a title or lease;(1)(ee)(i)(P) commodity contract or commodity option;(1)(ee)(i)(Q) interest in a limited liability company;(1)(ee)(i)(R) life settlement interest; or(1)(ee)(i)(S) in general, an interest or instrument commonly known as a "security" or a certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase an item listed in Subsections (1)(ee)(i)(A) through (R). See Utah Code 61-1-13- sell: includes a contract for sale of, contract to sell, or disposition of, a security or interest in a security for value. See Utah Code 61-1-13
- State: means a state, territory, or possession of the United States, the District of Columbia, and Puerto Rico. See Utah Code 61-1-13
It is unlawful for any person to offer or sell any security in this state unless it is registered under this chapter, the security or transaction is exempted under Section
61-1-14 , or the security is a federal covered security for which a notice filing has been made pursuant to the provisions of Section61-1-15.5 . - Security: means a: