There Is a Newer Version of the Utah Code
2011 Utah Code
Title 67 State Officers and Employees
Chapter 4a Unclaimed Property Act
Section 602 Businesses not to circumvent requirements of chapter.
67-4a-602. Businesses not to circumvent requirements of chapter.A corporation or business may not, through its articles of incorporation, by-laws, by private agreement, or otherwise, circumvent the unclaimed property process established by this chapter by making a private escheat that would:
(1) take or divert funds or personal property into income;
(2) divide funds or personal property among locatable patrons or stockholders;
(3) place funds or personal property in education or other funds; or
(4) divert funds or personal property by any other type of appropriation.
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