Legal Question in Business Law in Utah
Business requirments
Am I required to obtain a business license to buy and invest in cash notes i.e. trust deeds, mortgages ect. in the state of utah?
Asked on 4/07/07, 2:18 am
1 Answer from Attorneys
Alvin Lundgren
Alvin R. Lundgren, L.C.
Re: Business requirments
Not as long as you are only investing. If you sell or solict investors or buyers, then you may be required to have a business license, and will have to have a securities license.
Answered on 4/08/07, 10:44 pm
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