1. (A) Authority and purpose
2. (1) The Division enacts this rule under authority granted by Sections 61-1-26 and 61-1-24.

3. (2) This rule designates the form to be used for consents to service of process.

   1. (B) Definitions
4. (1) "Act" means Title 61, Chapter 1, Utah Uniform Securities Act.

5. (2) "Division" means the Division of Securities, Utah Department of Commerce.

   1. (C) Form
6. (1) Except as provided in subparagraph (C)(2), for the purposes of all rules, regulations, orders of the Division, or the Act, the Consent to Service of Process which is to be used, is the NASAA Form U-2 - Uniform Consent to Service of Process.

7. (2) A Form U-4, Uniform Application for Securities Industry Registration or Transfer, Form ADV, Uniform Application for Investment Adviser Registration, and Form BD, Uniform Application for Broker-Dealer Registration, may be used in lieu of the Form U-2 provided that an originally executed copy of such form is filed with the Division

   1. (D) Agent

      All consents to service of process filed with the Division shall appoint the "Director, Utah Division of Securities" as agent for service of process.

   2. (E) Incorporation by reference

      For purposes of consents to service of process required to be filed under the Act, a broker-dealer, agent, federal covered adviser, investment adviser, investment adviser representative, or issuer may incorporate by reference in a current application any consent to service of process previously filed with the Division by such person or entity.

KEY: securities regulation

Date of Last Change: March 4, 1998

Notice of Continuation: April 18, 2022

Authorizing, and Implemented or Interpreted Law: 61-1-24; 61-1-26(6)