Utah Code § 13-25a-111

Exemptions
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13-25a-111. 
Exemptions.
 
 Notwithstanding any other provision of this chapter, Sections 13-25a-103 and 13-25a-108 do not apply toa person who holds and acts within the scope of a license or registration:
 
 (1)under Title 31A, Insurance Code; 
 
 
 
 (2)issued by the Division of Real Estate established in Section 61-2-201; or 
 
 
 
 (3)issued by the National Association of Securities Dealers.

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