Pursuant to the authority granted to the Utah Division of Securities (Division) by Subsection 61-1-15.5(3), the Division adds this section to effectuate the receiving of notice filings for securities offerings made by issuing entities with their principal place of business in this state or who sell fifty percent (50%) or greater of the aggregate amount of the offering to residents of this state. This section establishes the filing requirement and enumerates the required documents and fees that constitute a complete filing.