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2006 Utah Code - 7-7-36 — Actions necessary to avoid loss on loans and investments.
7-7-36. Actions necessary to avoid loss on loans and investments.Nothing in this code shall be construed as denying to an association the right to invest its funds, operate a business, manage or deal in property, or take any other action reasonably necessary over whatever period of time may reasonably be necessary to avoid loss on a loan or investment made or an obligation created in good faith.
Enacted by Chapter 16, 1981 General Session
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