GroundRules
Utah Code § 13-15-203: Disclosure statement furnished to purchaser -- Additional nondeceptive information permitted.
Where this section sits in the code
- Title 13 Commerce and Trade
- Chapter 13-15 Business Opportunity Disclosure Act
- Part 13-15-2 Seller Duties
(1) A seller shall provide the disclosure statement described under Section 13-15-202 to a prospective purchaser at least 10 business days before the day on which the earlier of the following occurs:
(a) the prospective purchaser executes an agreement imposing a binding legal obligation on the prospective purchaser in connection with the seller's sale or proposed sale of a business opportunity; or
(b) the prospective purchaser makes a payment or provides consideration in connection with the seller's sale or proposed sale of a product or business opportunity.
(2) A seller may provide a prospective purchaser nondeceptive information apart from the disclosure statement described in Section 13-15-202, if the information does not contradict the information required in the disclosure statement.
Collected 2026-09-03T11:34:33Z. Source file · JSON