Utah License Law
A Utah brokerage that operates as a limited liability company (LLC) must:
ADesignate a licensed member or manager as the principal broker responsible for the LLC's licensed activities✓ Correct
BHave every LLC member hold a real estate license
CFile annual reports with the Utah Division of Real Estate
DOperate only as a sole proprietorship
Explanation
When a brokerage operates as an LLC (or other entity), one member or manager must be designated as the principal broker and hold a principal broker license. That person is responsible for all licensed activities conducted by the entity.
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