Utah § 13-83-103 - Disclosures and warnings -- Receipt requirements.
Full text of Utah Utah Code § 13-83-103 — Disclosures and warnings -- Receipt requirements., with citation guidance and answers to common questions.
§ 13-83-103. Disclosures and warnings -- Receipt requirements.
Effective 5/6/2026 13-83-103.
Disclosures and warnings -- Receipt requirements.
(1)
A virtual currency kiosk operator shall disclose in a clear, conspicuous, and easily readable manner in the chosen language of the customer:
(a)
all relevant terms and conditions generally associated with the products, services, and activities of the virtual currency kiosk operator and virtual currency; and
(b)
that digital assets and transactions conducted through the virtual currency kiosk are not insured or guaranteed by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation.
(2)
The virtual currency kiosk operator shall receive acknowledgment of receipt of all disclosures required under this section via confirmation of consent.
(3)
Each virtual currency kiosk shall include a fraud prevention warning in English and Spanish, written prominently and in bold type.
(4)
The fraud prevention warning described in Subsection (3) shall state: "WARNING: NEVER SEND MONEY TO SOMEONE YOU DO NOT KNOW. THESE TRANSACTIONS ARE IRREVERSIBLE. NO GOVERNMENT AGENCY OR OFFICIAL WILL EVER REQUEST PAYMENT USING THIS KIOSK. IF YOU SUSPECT FRAUD, CALL LOCAL LAW ENFORCEMENT BEFORE PROCEEDING."
(5)
After the completion of each transaction, the virtual currency kiosk operator shall provide an individual with a receipt in the language chosen by the customer.
(6)
The receipt described in Subsection (5) shall contain:
(a)
the virtual currency kiosk operator's name and contact information, including a telephone number to answer questions and register complaints;
(b)
the relevant state law enforcement or government agency for reporting fraud;
(c)
the type, value, date, and precise time of the transaction;
(d)
the transaction hash;
(e)
each applicable virtual currency address;
(f)
the transaction amount in both virtual currency and United States dollars;
(g)
all fees charged;
(h)
the exchange rate of the virtual currency to United States dollars;
(i)
customer service contact information; and
(j)
a statement of the virtual currency kiosk operator's refund policy.
(7)
A virtual currency kiosk operator performing business in this state shall provide a toll-free customer service line, available 24 hours per day, seven days per week, and display the number for the toll-free customer service line on the virtual currency kiosk or the virtual currency kiosk screens.
Section 13-83-103 ("Disclosures and warnings -- Receipt requirements.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Utah § 13-83-103?
A common citation format is "Utah Code § 13-83-103" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Utah law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.
How does Utah § 13-83-103 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.
