There is a newer version of the Utah Code
2006 Utah Code - Chapter 01 — General Provisions
- 7-1-101 — Title.
- 7-1-102 — Legislative findings, purpose, and intent.
- 7-1-103 — Definitions.
- 7-1-104 — Exemptions from application of title.
- 7-1-105 — Procedures -- Adjudicative proceedings.
- 7-1-201 — Creation of department -- Organization.
- 7-1-202 — Commissioner of financial institutions as executive officer -- Appointment -- Term -- Salary -- Qualifications.
- 7-1-203 — Board of Financial Institutions.
- 7-1-204 — Chief examiner -- Powers and duties.
- 7-1-205 — Supervisor of banks -- Responsibilities.
- 7-1-206 — Supervisor of savings and loan associations -- Responsibilities.
- 7-1-207 — Supervisor of industrial banks -- Responsibilities.
- 7-1-208 — Supervisor of credit unions -- Responsibilities.
- 7-1-208.1 — Supervisor of trusts -- Qualifications -- Responsibilities.
- 7-1-208.2 — Deputy commissioner.
- 7-1-209 — Additional supervisors, examiners, and other personnel -- Compensation -- Travel expenses.
- 7-1-210 — Records of department required.
- 7-1-211 — Reports of commissioner to governor and Legislature.
- 7-1-301 — Powers and duties of commissioner -- Rulemaking.
- 7-1-302 — Review of supervisor's action by commissioner.
- 7-1-303 — Joint operations and information exchange by institutions.
- 7-1-304 — Civil actions against unauthorized operations.
- 7-1-305 — Final decisions on applications for new institutions, branches, relocation, merger, consolidation, acquisition and changes in control of financial institutions.
- 7-1-307 — Cease and desist orders -- Procedure for issuance.
- 7-1-308 — Suspension or removal of director or officer -- Grounds -- Procedure for issuance of order.
- 7-1-309 — Hearings by commissioner -- Discretion of commissioner -- Procedure -- Judicial review.
- 7-1-310 — Subpoena power of commissioner.
- 7-1-311 — Moratoriums on applications for new depository institutions or branches.
- 7-1-312 — Reports required of large stockholders of financial institutions as to loans secured by stock.
- 7-1-313 — Requiring remedial action by institution in or about to be in unsound condition -- Assistance by insurers.
- 7-1-314 — Examination of institutions by commissioner or supervisor.
- 7-1-315 — Examination by board of directors required -- Report.
- 7-1-316 — Forms for reports required from institutions.
- 7-1-317 — Reports of condition called for by commissioner.
- 7-1-318 — Reports of condition -- Form -- Falsification or failure to file.
- 7-1-319 — Notice to county attorney or district attorney of criminal violations -- Attorney general to conduct actions commenced by commissioner -- Assistance of county attorney or district attorney.
- 7-1-320 — Actions to enjoin violations -- Bond not required -- Recovery -- Attorney's fees.
- 7-1-321 — Powers and duties of commissioner to carry out purposes of title.
- 7-1-322 — Orders of commissioner -- Writing -- Service -- Contents -- Enforcement.
- 7-1-323 — Regulation of interstate operations -- Coordination of efforts.
- 7-1-324 — Debt cancellation agreements and debt suspension agreements.
- 7-1-325 — Compliance with applicable federal law.
- 7-1-401 — Fees payable to commissioner.
- 7-1-402 — Time for payment of fees -- Schedule of additional fees -- Revocation of permit or license for failure to pay fees.
- 7-1-403 — Funds and balances paid to treasurer -- Separate account -- Use of funds.
- 7-1-501 — Institutions and persons subject to jurisdiction of department.
- 7-1-502 — Limitations on jurisdiction of department.
- 7-1-503 — Regulation of sale by financial institution of its securities -- Solicitation of deposit accounts restricted -- Violations.
- 7-1-505 — Rules and regulations governing persons or institutions not regulated under other chapters of title.
- 7-1-507 — Assessing institution's record in meeting credit needs -- Requirements -- Remedial order.
- 7-1-508 — Conviction for fraud or dishonest conduct as disqualification to serve as officer, director or employee or to take control of a depository institution -- Violation as misdemeanor.
- 7-1-510 — Examination of institutions -- Adoption of rules -- Requiring actions by institutions.
- 7-1-601 — Adverse claim to account in depository institution -- Notice required -- Bond may be required for payment.
- 7-1-602 — Final settlement of transaction account -- Limitation of action on accuracy of statement -- Duty to examine statement and notify of errors unaffected.
- 7-1-603 — Final settlement of savings account -- Limitation of action on accuracy of statement.
- 7-1-604 — Savings accounts -- Qualifications to hold -- Representation -- Transfer -- Holder treated as owner -- Exception.
- 7-1-605 — Savings accounts -- Special terms to be in writing.
- 7-1-606 — Savings accounts and credit union share accounts -- Form of ownership certificate.
- 7-1-607 — Lost or destroyed account book or certificate.
- 7-1-608 — School or institutional savings plans authorized.
- 7-1-609 — Payroll deduction savings -- Direct deposit of wages.
- 7-1-610 — Attorney-in-fact as to savings account -- Institution immune from liability.
- 7-1-611 — Deposit accounts of minors or married persons.
- 7-1-612 — Pledge or hypothecation of joint savings accounts.
- 7-1-613 — Incompetency of savings account owner.
- 7-1-616 — Authority to accept transaction accounts -- Payment of instruments.
- 7-1-617 — No concentration limit under state law.
- 7-1-618 — Deposit production offices prohibited.
- 7-1-701 — Representation and transacting business as financial institution restricted -- Restricted names -- Penalty.
- 7-1-702 — Interstate acquisition, merger, and branching.
- 7-1-703 — Restrictions on acquisition of institutions and holding companies -- Enforcement.
- 7-1-704 — Authorization required to engage in business -- Exemptions -- Procedure.
- 7-1-705 — Approval required for certain transactions -- Application -- Grounds for disapproval.
- 7-1-706 — Application to commissioner to exercise power -- Procedure.
- 7-1-708 — Establishing branches and relocating offices -- Application and procedure for approval -- Nonexempt credit unions.
- 7-1-709 — Branches -- Discontinuance of operation.
- 7-1-710 — "Agency" defined -- Purposes and establishment of agency.
- 7-1-711 — Mobile facilities -- Approval required for operation.
- 7-1-712 — Acquisition of office of another financial institution.
- 7-1-713 — Conversion of financial institution -- Approval required -- Procedure -- Federal-state conversion.
- 7-1-714 — Judicial review of acts of commissioner -- Hearing by court.
- 7-1-715 — Loan production offices -- Application and procedure for approval.
- 7-1-716 — Affiliate depository institutions acting as agents -- Notification required.
- 7-1-801 — False statement derogatory to financial condition of depository institution a misdemeanor -- Exemptions.
- 7-1-802 — Confidentiality of information received by department -- Availability of information.
- 7-1-803 — Conflicting interests of commissioner, supervisors, and examiners -- Loans and accounts -- Disclosure -- Penalty.
- 7-1-806 — Money market funds arranging with bank to honor two-party instruments -- Discouraging payment of interest to two persons on funds in transit -- Pyramiding and similar schemes as misdemeanors.
- 7-1-807 — Printed checks, drafts and orders -- Requirements -- Violation as misdemeanor.
- 7-1-808 — Closing days for depository institutions.
- 7-1-809 — Articles of incorporation -- Amended or restated articles of incorporation -- Prerequisites to filing.
- 7-1-810 — Limited liability companies.
- 7-1-901 — Authorized insurance activities of depository institutions.
Disclaimer: These codes may not be the most recent version. Utah may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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