Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2025 | Updated by Findlaw Staff
As used in this part:
(1) “Adverse action” means to:
(a) discharge, threaten, or directly or indirectly harass an employee; or
(b) otherwise discriminate against an employee in any manner that affects the employee's employment, including:
(i) compensation;
(ii) terms;
(iii) conditions;
(iv) location;
(v) rights;
(vi) immunities;
(vii) promotions; or
(viii) privileges.
(2) “Covered judicial or administrative action” means a judicial or administrative action brought under this chapter that results in a monetary sanction exceeding $50,000.
(3) “Employee” means an individual who performs a service for wages or other remuneration under a contract of hire, written or oral, express or implied.
(4) “Fund” means the Securities Investor Education, Training, and Enforcement Fund created in Section 61-1-18.7.
(5) “Original information” means information that is:
(a) derived from the independent knowledge or analysis of an individual;
(b) not known to the division or commission from a source other than the individual; and
(c) unless the individual is the source of the information, not exclusively derived from:
(i) an allegation made in a judicial or administrative hearing;
(ii) a government report, hearing, audit, or investigation; or
(iii) the media.
(6) “Monetary sanction” means money required to be paid under this chapter as the result of a judicial or administrative action, including a penalty or disgorgement.
(7) “Reporter” means an individual who provides original information relating to a violation in accordance with Section 61-1-103.
Cite this article: FindLaw.com - Utah Code Title 61. Securities Division--Real Estate Division § 61-1-102. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-61-securities-division-real-estate-division/ut-code-sect-61-1-102/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)