Utah Code § 76-16-209: Unlawful omission or entry in a corporate or association record with the intent to defraud.

(1) Terms defined in Sections 76-1-101.5, 76-16-101, and 76-16-201 apply to this section.

(2) An actor commits unlawful omission or entry in a corporate or association record with the intent to defraud if the actor:

(a) is:

(i) a director, officer, or agent of a corporation or association; or

(ii) a person who aids or abets a person described in Subsection (2)(a)(i); and

(b) knowingly receives or possesses for the actor's self property of the corporation or association, otherwise than in payment of a just demand; and

(c) with intent to defraud, omits to make, or to cause or direct to be made, a full and true entry of the property described in Subsection (2)(b) in the books or accounts of the corporation or association.

(3) A violation of Subsection (2) is a third degree felony.