AGENCY: Department of Commerce. Division of Consumer Protection

SERIES: 9243
TITLE: Business opportunity disclosure records
DATES: 1979-
ARRANGEMENT: Alphabetical by company name

DESCRIPTION: The Division of Consumer Protection administers and enforces the Business Opportunity Disclosure Act Utah Code 13-2-1(2) (2025), Utah Code 13-15 (2022). Registration records document businesses wanting to sell business opportunities in Utah. Records include applications, disclosure statements, company financial statements, proof of notice information, and other records required for registration. Under U.C.A. § 63A-19-401.1 (2025), the Utah Department of Commerce hereby discloses this record series includes personal identifying information.

Personal Identifying Information (PII) that may be contained in a business opportunity disclosure records may include name, home phone number, applicant's criminal history, social security number, case summary. The Division collects registration information to determine if an applicant meets statutory/rule registration requirements. PII Legal Authority: Utah Code 13-15-201 (2022). Utah Code 13-15 (2022) specifies that documentation is required for these disclosure files.

RETENTION

Retain for 10 year(s)

DISPOSITION

Destroy.

RETENTION AND DISPOSITION AUTHORIZATION

Retention and disposition for this series were specifically approved by the State Records Committee.

APPROVED: 07/1989

FORMAT MANAGEMENT

Paper: For records beginning in 2017 and continuing to the present. Retain in Office until scanned into electronic system and then destroy.

Computer data files: Retain in Office for 10 years and then delete.

Paper: For records beginning in 1989 through 2017. Retain in Office until end of calendar year and then transfer to State Records Center. Retain in State Records Center for 10 years and then destroy.

APPRAISAL

Administrative Fiscal

PRIMARY DESIGNATION

Public

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