Utah License Law
A Utah agent who operates under a business entity (such as an LLC) must ensure that:
AThe LLC is licensed as a principal broker
BThe entity is properly registered with the Division of Real Estate and the license is held in the individual's name✓ Correct
CAll LLC members hold Utah real estate licenses
DThe LLC has at least $100,000 in errors and omissions insurance
Explanation
While agents may form business entities for tax purposes, the individual must hold the real estate license. The entity must be properly registered with the Division, and the individual's license governs their real estate activities.
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