Utah Code § 7-23-103.1: Exemptions.

The following are not subject to the requirements of this chapter:

(1) a depository institution;

(2) a depository institution holding company;

(3) an institution directly or indirectly owned or controlled by one or more:

(a) depository institutions; or

(b) depository institution holding companies; or

(4) a person that cashes a check in a transaction:

(a) that is incidental to a retail sale of goods or services; and

(b) for consideration that does not exceed the greater of:

(i) 1% of the amount of the check; or

(ii) $1.