Statutes, codes, and regulations
Utah Administrative Code
Financial InstitutionsTitle R331 - Administration
Rule R331-5 - Rule Governing Sale of Securities by Persons Issuing Securities, Who Are Under the Jurisdiction of the Department of Financial Institutions
Section R331-5-7 - Remuneration Paid for Solicitation or for Sales

Utah Admin. Code 331-5-7

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Current through Bulletin 2024-20, October 15, 2024
Section R331-5-7 - Remuneration Paid for Solicitation or for Sales

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.

Utah Admin. Code R331-5-7