2006 Utah Code - 7-23-110 — Exemptions.

     7-23-110.   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 the 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.

Enacted by Chapter 144, 1999 General Session