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Utah statute

Utah Code Ann. § 76-16-205 — Fraudulent signing of a stock subscription or agreement.

Current through 2026 General Session

Part of Part 2: Corporation and Association Offenses, Utah Code.

Criminal charges under this statute

Full text of Utah Code Ann. § 76-16-205

Statutory text current through the 2026 General Session. This publication reproduces the official statutory text; it is not the official statutes of the State of Utah.

Utah Code Ann. § 76-16-205Primary source, current through the 2026 General Session
(1) Terms defined in Sections 76-1-101.5, 76-16-101, and 76-16-201 apply to this section. (2) An actor commits fraudulent signing of a stock subscription or agreement if the actor: (2)(a) signs the name of a fictitious person to a subscription for, or agreement to take, stock in a proposed or existing corporation; or (2)(b) signs the name of any person to a subscription for, or agreement to take, stock in a proposed or existing corporation, knowing that the person has no means or does not intend in good faith to comply with all the terms of the subscription or agreement, or under any understanding or agreement that the terms of the subscription or agreement are not to be complied with or enforced. (3) A violation of Subsection (2) is a class B misdemeanor.

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Legal terms used in this section

Questions this section answers

Is fraudulent signing of a stock subscription or agreement a felony or a misdemeanor in Utah?

Fraudulent signing of a stock subscription or agreement is a Class B Misdemeanor in Utah under Utah Code Ann. § 76-16-205.

Which Utah statute covers fraudulent signing of a stock subscription or agreement?

Fraudulent signing of a stock subscription or agreement is governed by Utah Code Ann. § 76-16-205 (Fraudulent signing of a stock subscription or agreement).

This reference is informational and is not legal advice.