Utah Code » Title 61, Chapter 1 — Utah Uniform Securities Act
Utah Code

Utah Code § 61-1-18 (2026)

Division of Securities established -- Director -- Investigators

✓ current as of May 2026
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There is established within the Department of Commerce a Division of Securities.
The division is under the direction and control of a director. The executive director shall appoint the director with the governor's approval.
Subject to Section 61-1-18.5, the division shall administer and enforce this chapter.
The director shall hold office at the pleasure of the governor.
The director, with the approval of the executive director, may employ the staff necessary to discharge the duties of the division or commission at salaries to be fixed by the director according to standards established by the Division of Human Resource Management.
An investigator employed pursuant to Subsection (2) who meets the training requirements of Subsection 53-13-105(3) may be designated a special function officer, as defined in Section 53-13-105, by the director, but is not eligible for retirement benefits under the Public Safety Employee's Retirement System.
Notes of Decisions
Cited in 2 cases, 2009–2010 · leading case: State v. Johnson, 2009 UT App 382 (Utah Ct. App. 2009).
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State v. Johnson, 2009 UT App 382 (Utah Ct. App. 2009). · cites it 6× “Section 61-1-13 defines "sale" as "every contract for sale of, contract to sell, or disposition of, a security or interest in a security for value," Utah Code Ann. § 61-1-18 (22)(a) (2000), and "offer" as "every attempt or offer to dispose of, or solicitation of an offer to buy,…”
State v. Burkinshaw, 2010 UT App 245 (Utah Ct. App. 2010). · cites it 4× “Although Defendant frames the issue as insufficiency of the evidence, Defendant essentially argues that the trial court erred in determining that the promissory notes executed by the parties were a security within the definition contained in Utah Code section 61-1-13, see Utah…”
— Utah Code § 61-1-18(22)(a) — 1 case
State v. Johnson, 2009 UT App 382 (Utah Ct. App. 2009). “Section 61-1-13 defines "sale" as "every contract for sale of, contract to sell, or disposition of, a security or interest in a security for value," Utah Code Ann. § 61-1-18 (22)(a) (2000), and "offer" as "every attempt or offer to dispose of, or solicitation of an offer to buy,…”
— Utah Code § 61-1-18(22)(b) — 1 case
State v. Johnson, 2009 UT App 382 (Utah Ct. App. 2009). “Section 61-1-13 defines "sale" as "every contract for sale of, contract to sell, or disposition of, a security or interest in a security for value," Utah Code Ann. § 61-1-18 (22)(a) (2000), and "offer" as "every attempt or offer to dispose of, or solicitation of an offer to buy,…”
— Utah Code § 61-1-18(22)(c)(vii) — 1 case
State v. Johnson, 2009 UT App 382 (Utah Ct. App. 2009). “Section 61-1-13 defines "sale" as "every contract for sale of, contract to sell, or disposition of, a security or interest in a security for value," Utah Code Ann. § 61-1-18 (22)(a) (2000), and "offer" as "every attempt or offer to dispose of, or solicitation of an offer to buy,…”
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