§ 59-1-1501 Title
§ 59-1-1501.1 Definitions
§ 59-1-1502 Specie legal tender is legal tender in the state — Person may not compel another person to tender or accept specie legal tender — Court or congressional action to authorize gold or silver coin or bullion as legal tender
§ 59-1-1503 Nonrefundable credit — Sales and use tax exemption — Sales and use tax remittance
§ 59-1-1505 Attorney general to enforce part
§ 59-1-1506 Severability clause

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Terms Used In Utah Code > Title 59 > Chapter 1 > Part 15 - Specie Legal Tender Act

  • Contract: A legal written agreement that becomes binding when signed.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Legal tender: coins, dollar bills, or other currency issued by a government as official money. Source: U.S. Mint
  • Person: means :
         (24)(a) an individual;
         (24)(b) an association;
         (24)(c) an institution;
         (24)(d) a corporation;
         (24)(e) a company;
         (24)(f) a trust;
         (24)(g) a limited liability company;
         (24)(h) a partnership;
         (24)(i) a political subdivision;
         (24)(j) a government office, department, division, bureau, or other body of government; and
         (24)(k) any other organization or entity. See Utah Code 68-3-12.5
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • specie legal tender: means gold or silver coin that is issued by the United States. See Utah Code 59-1-1501.1
  • State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
  • United States: includes each state, district, and territory of the United States of America. See Utah Code 68-3-12.5