Utah § 76-17-301 - Definitions.

Full text of Utah Utah Code § 76-17-301 — Definitions., with citation guidance and answers to common questions.

§ 76-17-301. Definitions.

Effective 5/7/2025
76-17-301.  Definitions.
     As used in this part:
(1)
(a)"Compensation" means money, money bonuses, overrides, prizes, or other real or personal property, tangible or intangible.
(b)"Compensation" does not include payment based on the sale of goods or services to anyone purchasing the goods or services for actual personal use or consumption.
(2)"Consideration" does not include:
(a)payment for sales demonstration equipment or materials furnished at cost for use in making sales and not for resale; or
(b)time or effort spent in selling or recruiting activities.
(3)"Person" includes a business trust, estate, trust, joint venture, or any other legal or commercial entity.
(4)"Pyramid scheme" means a sales device or plan under which a person gives consideration to another person in exchange for compensation or the right to receive compensation that is derived primarily from the introduction of other persons into the sales device or plan rather than from the sale of goods, services, or other property.


Renumbered and Amended by Chapter 173, 2025 General Session

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Frequently Asked Questions About Utah § 76-17-301

What does Utah Code § 76-17-301 cover?

Section 76-17-301 ("Definitions.") 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 § 76-17-301?

A common citation format is "Utah Code § 76-17-301" (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 § 76-17-301 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.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Utah.