Full text of Utah Utah Code § 17-70-505 — Interest in business entity regulated by county -- Disclosure., with citation guidance and answers to common questions.
§ 17-70-505. Interest in business entity regulated by county -- Disclosure.
Effective 11/6/2025
17-70-505.
Interest in business entity regulated by county -- Disclosure.
| (1) | An officer under this part who is an officer, director, agent, or employee or the owner of a substantial interest in any business entity that is subject to the regulation of the county in which the officer is appointed or elected shall disclose the position held and the precise nature and value of the officer's interest:
| (a) | upon first becoming appointed or elected; and |
| (b) | during January of each year during which the officer continues to be an appointed or elected officer. |
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| (2) | An officer shall make the disclosure described in Subsection (1) in a sworn statement filed with:
| (a) | the county legislative body; and |
| (b) | if the officer is an elected officer, the county clerk. |
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| (3) | The commission shall:
| (a) | report the substance of the sworn statement described in Subsection (2) to the members of the governing body; or |
| (b) | provide a copy of the sworn statement described in Subsection (2) to the members of the governing body no later than 30 days after the day on which the commission receives the statement. |
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| (4) | A county clerk who receives the sworn statement described in Subsection (2) shall:
| (a) | post a copy of the sworn statement on the county's website; and |
| (b) | ensure that the sworn statement remains posted on the county's website until the elected officer leaves office. |
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| (5) |
| (a) | This section does not apply to instances where the value of the interest does not exceed $5,000. |
| (b) | A life insurance policy or an annuity may not be considered in determining the value of the interest. |
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Renumbered and Amended by Chapter
13, 2025 Special Session 1
Frequently Asked Questions About Utah § 17-70-505
What does Utah Code § 17-70-505 cover?
Section 17-70-505 ("Interest in business entity regulated by county -- Disclosure.") 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 § 17-70-505?
A common citation format is "Utah Code § 17-70-505" (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 § 17-70-505 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.