Utah Admin. Code R331-5-7
No commission or similar remuneration shall be paid or given directly or indirectly for soliciting any prospective investor or in connection with the offer or sale of the securities in reliance on this rule unless such commission or similar transaction-related remuneration is paid or given to a broker-dealer licensed pursuant to Section 61-1-4 or an issuer's agent licensed to sell as an agent of this issuer pursuant to Section 61-1-4.
KEY: financial institutions, securities
Date of Last Change: 1995
Notice of Continuation: July 13, 2022
Authorizing, and Implemented or Interpreted Law: 7-1-301(13); 7-1-503; 61-1-21; 61-1-22