2011 Utah Code
Title 57 Real Estate
Chapter 19 Timeshare and Camp Resort Act
Section 26 Exemptions.

57-19-26. Exemptions.
(1) Unless entered into for the purpose of evading the provisions of this chapter, the following transactions are exempt from registration:
(a) isolated transactions by an owner of an interest in a project or by a person holding such an owner's executed power of attorney;
(b) an offer or sale by a governmental entity; and
(c) a bona fide pledge of interest in a project.
(2) The director may, by rule or order, exempt any person from any or all requirements of this chapter if the director finds that the offering of an interest in a project is essentially noncommercial. For purposes of this subsection, the offering of fewer than 10 interests in a project is considered essentially noncommercial.