Legal Opinion
Capital General Corp. v. Utah Department of Business Regulation, Securities Division
Court of Appeals of Utah
Decided July 3, 1989No. 870567-CAPublishedCited by 4 opinions
1Opinion of the Court
OPINION
ORME, Judge:
Capital General Corporation (“CGC”) appeals the district court’s affirmance of the Utah Securities Advisory Board’s suspension of all secondary trading exemptions of Amenity, Inc. stock. The Board concluded that CGC had violated the Utah Uniform Securities Act by distributing 90,000 shares of Amenity, Inc. stock without registration. We affirm.
THE UTAH UNIFORM SECURITIES ACT
The Utah Uniform Securities Act, Utah Code Ann. §§ 61-1-1 to -30 (1986), vests the Utah Securities Division with the authority to regulate the issuance and subsequent trading of securities within the…
2Cases cited8 opinions
- Hurley v. Board of Review of the Industrial Commission of Utah, Department of Employment SecurityUtah Supreme Court · 1988
- Securities & Exchange Commission v. Harwyn Industries Corp.District Court, S.D. New York · 1971
- Davis County v. Clearfield CityCourt of Appeals of Utah · 1988
- Bennion v. Utah State Board of Oil, Gas & MiningUtah Supreme Court · 1983
- SECURITIES AND EXCHANGE COMMISSION, Appellant, v. DATRONICS ENGINEERS, INC., Et Al., AppelleesCourt of Appeals for the Fourth Circuit · 1974
3 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Savage Industries, Inc. v. Utah State Tax CommissionUtah Supreme Court · 1991
- Vali Convalescent & Care Institutions v. Division of Health Care FinancingCourt of Appeals of Utah · 1990
- State v. JohnsonCourt of Appeals of Utah · 2009
- Capital General Corp. v. Department of Business RegulationCourt of Appeals of Utah · 1992