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2006 Utah Code - 7-7-16 — Depositories used by associations.

     7-7-16.   Depositories used by associations.
     No association shall deposit any of its funds except with a depository approved by a vote of the directors of the association, any director who is an officer, partner, director, or trustee of the depository so designated taking no part in the vote.

Enacted by Chapter 16, 1981 General Session

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