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Title 13 Chapter 23 Section 2 Definitions. 13-23-2. Definitions. "Business enterprise" means a sole proprietorship, partnership, association, joint venture, corporation, limited liability company, or other entity used in carrying on a business.
License required. advertise or assume to act as a principal broker, associate broker, or a sales agent. offering for another person to buy, sell, lease, manage, or exchange real estate.
It is unlawful for a person to transact business in this state as a broker-dealer or agent unless the person is licensed under this chapter. It is unlawful for a broker-dealer or issuer to employ or engage an agent unless the agent is licensed.
61-1-14. Exemptions. a security as to which the director, by rule or order, finds that registration is not necessary or appropriate for the protection of investors. a transaction as to which the division finds that registration is not necessary or appropriate for the protection of investors.