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RICE v. UTAH SECURITIES DIV.

No. 20030131-CA.

95 P.3d 1169 (2004)

2004 UT App 215

Jay R. RICE, Petitioner and Appellee, v. UTAH SECURITIES DIVISION; and S. Anthony Taggart, Director, Respondents and Appellants.

Court of Appeals of Utah.

Rehearing Denied July 13, 2004.

Attorney(s) appearing for the Case

Mark L. Shurtleff, Attorney General, and Wayne Klein, Assistant Attorney General, Salt Lake City, for Appellants.

David J. Burns, Buckland Orton LLC, Salt Lake City, for Appellee.

Before Judges BILLINGS, BENCH, and THORNE.

OPINION

THORNE, Judge:

¶ 1 The Utah Securities Division (the Division) and S. Anthony Taggart (the Director) appeal the trial court's rule 65B(d) order directing the Division to dismiss its licensing revocation proceeding against Jay R. Rice. We affirm in part and reverse in part.

BACKGROUND

¶ 2 On December 29, 2000, following an investigation, the Division sought to revoke Jay R. Rice's securities license.1...

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