summary
Introduced
01/24/2017
01/24/2017
In Committee
03/07/2017
03/07/2017
Crossed Over
03/02/2017
03/02/2017
Passed
Dead
03/18/2017
03/18/2017
Introduced Session
2017 General Session
Bill Summary
Securities Exemptions Amendments
AI Summary
This bill amends Section 61-1-14 of Utah's Securities Act to add a new exemption for certain intrastate offerings of securities by businesses authorized to operate in Utah and with their principal place of business in the state. The new exemption allows such issuers to offer and sell securities to Utah residents without registering the securities, subject to various requirements and limitations, such as caps on total offering amount, limits on individual investment amounts, and specified disclosure obligations. The bill also makes other minor technical changes to existing exemptions.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
House/ filed in House file for bills not passed (on 03/09/2017)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://le.utah.gov/~2017/bills/static/HB0171.html |
| BillText | http://le.utah.gov/~2017/bills/hbillint/HB0171S01.pdf |
| Fiscal Note HB0171S01 | http://le.utah.gov/lfa/fnotes/2017/HB0171S01.fn.pdf |
| Fiscal Note HB0171 | http://le.utah.gov/lfa/fnotes/2017/HB0171.fn.pdf |
| BillText | http://le.utah.gov/~2017/bills/hbillint/HB0171.pdf |
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