The Utah Uniform Securities Act provides 31 exemptions from registration in section 61-1-14. The Division has created 6 additional exemptions by rule. Furthermore, several of the statutory exemptions have been expanded by rule.
Exemptions are divided into two groups. Subsection (1) provides exemptions for securities themselves based on the type of security being offered or sold. Subsection (2) provides exemptions for specific types of transactions regardless of the type of security being offered or sold.